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    1405 Shannon Ct Opelika, AL 36801

    For Sale
    $299,000

    2.37 Acres, Prime Location, $299,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.37-acre commercial lot presents a unique investment opportunity in the thriving city of Opelika, Alabama. Located at 1405 Shannon Court, this expansive parcel offers significant potential for a wide range of commercial developments. The property's generous size allows for ample space to construct a substantial building, providing flexibility for various business ventures. Its strategic location within Opelika ensures high visibility and convenient access to major transportation routes, making it an ideal site for businesses seeking strong connectivity and a prominent presence. The asking price of $299,000 represents a compelling value for a property of this size and potential in a rapidly growing market. This is a blank canvas for entrepreneurs and developers seeking to establish a significant commercial presence in a desirable Alabama location. The property's zoning and permitted uses should be independently verified to ensure compliance with any specific development plans. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land offering presents. Don't miss this chance to acquire a prime piece of Opelika real estate. Further details regarding utilities and infrastructure are available upon request. Act quickly, as opportunities like this are rare.

    Property Features for 1405 Shannon Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    103,237 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Opelika
    County
    Lee
    State
    Alabama
    Longitude
    -85.3958
    Latitude
    32.64424

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    FAQs

    What type of property is this?
    Commercial real estate - 2.37 Acres, Prime Location, $299,000
    Where is this commercial real estate located?
    The property is located at 1405 Shannon Ct Opelika, AL.
    What is the asking price?
    The asking price for this property is $299,000.
    (334) 745-3584
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    1405 Shannon Ct Opelika, AL 36801
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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
    1405 Shannon Ct Opelika, AL 36801
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