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    Highway 231 Troy, AL 36081

    For Sale
    $1,300,000

    Vacant Land,Commercial, Lots & Land - Troy, AL

    Lot size:
    6.00 Acres
    Days on Market:
    180
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for Highway 231

    General Information

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

    Building Details

    Architectural style
    Other

    BlueKey Properties (334) 492-1618 [email protected]

    Listing agent Allen Renfroe (855) 492-1618

    Listing date Jun 11, 2025

    MLS# 25264 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 Highway 231 Acreage

    This 6-acre commercial land is located on Highway 231 in Troy, Alabama. The property is positioned in close proximity to Troy Bank & Trust, Lowe's, Walmart, and a variety of other shops and restaurants. The location offers frontage on Highway 231, making it suitable for various business or development purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.99485825
    Latitude
    31.8249056

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with frontage on Highway 231 in Troy, Alabama.
    Where is this commercial land located?
    The property is located at Highway 231 Troy, AL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime Hwy 231 acreage offers an excellent opportunity.; - Perfect location for business or development.; - Frontage on Hwy 231 ensures high visibility.
    (855) 492-1618
    Request Owner's contact information
    Highway 231 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
    Highway 231 Troy, AL 36081
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