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    901 Park St Troy, AL 36081

    For Sale
    $1,790,000

    Vacant Land,Undeveloped,Residential Multi-family - Lots & Land

    Lot size:
    2.19 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 901 Park St

    General Information

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

    Building Details

    Architectural style
    Other

    LANDMARK REALTY (334) 566-9000

    Listing agent Earl Ellis (334) 566-9000

    Listing date Aug 12, 2025

    MLS# 26991 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

    Prime Land Near Troy University

    This property offers terrific development potential in a prime location across Park Street from Troy University. It features 500 feet of frontage on Park Street and includes a cleared vacant lot at 819 Park Street. Adjacent to the vacant lot is a large 4-bedroom, 3-bath house at 901 Park Street, which is in good condition and suitable for rental purposes. The house was extensively remodeled in 2021 with a new roof, windows, and painting. The total lot size is 2.19 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    The 27 House Museum

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.964115
    Latitude
    31.796562

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    FAQs

    What type of property is this?
    Commercial land - Land with development potential and a remodeled rental house.
    Where is this commercial land located?
    The property is located at 901 Park St Troy, AL.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: - Prime location across from Troy University; - Terrific development potential; - Boasting 500 feet of frontage on Park Street
    (334) 566-9000
    Request Owner's contact information
    901 Park St 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
    901 Park St Troy, AL 36081
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