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    84 Walter Dr Troy, AL 36081

    For Sale
    $1,500,000

    Lots & Land, Residential Single Family - Troy, AL

    Lot size:
    21.00 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 84 Walter Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    21.00 Acres

    Building Details

    Architectural style
    Other

    Advantage Realty (334) 566-9907 [email protected]

    Listing agent Millie Johnson (334) 566-9907

    Listing date Nov 11, 2025

    MLS# 27932 Listing URL

    Copyright © 2025 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    21 Acres on Highway 87

    This property consists of 21+/- acres situated just outside the city limits of Troy, AL. The land is located directly on Highway 87, a high-traffic state highway, across from Mossy Grove restaurant, offering excellent visibility and access. Currently, the property operates as a mobile home park, but the value is primarily in the land itself, presenting various opportunities. The mobile homes are not included in the sale. All buildings are sold AS IS. This property is an investor's dream.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Wholesale Shop Pharmacy Gym & Fitness Storage Facility Convenience Store Assisted Living Facility Dry Cleaner

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.960676882248
    Latitude
    31.754923915709

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    FAQs

    What type of property is this?
    Land - 21+/- acres on high-traffic highway 87, great visibility.
    Where is this land located?
    The property is located at 84 Walter Dr Troy, AL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 21+/- acres of land outside city limits; - High-traffic Highway 87 frontage offering excellent visibility and access; - Located across from Mossy Grove, a landmark restaurant
    (334) 566-9907
    Request Owner's contact information
    84 Walter Dr Troy, AL 36081
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    Troy, AL 36081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    84 Walter Dr Troy, AL 36081
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