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    2305 Veterans Memorial Pkwy Lanett, AL 36863

    For Sale
    $174,900

    0.73-acre lot, ideal for various uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.73-acre industrial lot presents a compelling investment opportunity in Lanett, Alabama. Situated on the south side of Veterans Memorial Parkway in southeastern Chambers County, just outside the western city limits, this property enjoys a highly convenient location. Its proximity to a diverse range of businesses, including retail establishments, service facilities, offices, light industrial operations, churches, and residential areas, ensures excellent visibility and accessibility. The property's versatility allows for a wide array of potential uses, making it an attractive prospect for entrepreneurs and investors alike. While the exact square footage is currently unavailable, the substantial 0.73-acre lot offers ample space for development. The property utilizes a septic system for sewage disposal. Please note that a recent survey has been completed, and the stated acreage may have minor variations. A copy of the survey is available upon request. This is a rare opportunity to acquire a well-positioned industrial lot with significant development potential in a thriving community. Don't miss out on this chance to secure a prime piece of Lanett real estate.

    Property Features for 2305 Veterans Memorial Pkwy

    General Information

    Property type
    Industrial properties
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1992
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.21718
    Latitude
    32.8469

    Nearby Comparable

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      Lanett Commercial Lot & Buildings

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    • $300,000
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      Lanett Commercial/Industrial Land Available

      3-acre commercial/industrial land with utilities in Lanett, Alabama.
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    FAQs

    What type of property is this?
    Industrial property - 0.73-acre lot, ideal for various uses.
    Where is this industrial property located?
    The property is located at 2305 Veterans Memorial Pkwy Lanett, AL.
    What is the asking price?
    The asking price for this property is $174,900.
    (334) 329-5055
    Request Owner's contact information
    2305 Veterans Memorial Pkwy Lanett, AL 36863
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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
    2305 Veterans Memorial Pkwy Lanett, AL 36863
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