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    2411 Lafayette Pkwy Opelika, AL 36801

    Sponsored
    For Sale
    $960,000

    Prime Opelika location, 3.86 acres, commercial zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3.86-acre commercial property at 2411 Lafayette Parkway in Opelika, Alabama, presents a remarkable investment opportunity. Currently zoned for commercial use, this expansive lot offers unparalleled flexibility for a wide range of business ventures. The existing structures on the site provide a solid foundation for expansion or redevelopment, allowing for the seamless integration of new businesses or the enhancement of existing operations. The property's strategic location within Opelika ensures high visibility and accessibility, providing excellent potential for attracting customers and building a thriving enterprise. Whether you envision a retail establishment, a service-based business, or another commercial undertaking, this property provides the ideal canvas to bring your vision to life. The ample space allows for significant growth and diversification, making it an attractive option for both established businesses seeking to expand and entrepreneurs looking to launch a new venture. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential. Don't miss the chance to secure this strategically located commercial gem in the heart of Opelika. The asking price is $960,000.

    Property Features for 2411 Lafayette Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    168,142 SF
    Location Intelligence

    Current Use by Public Records

    Wilson's Woodyard Plant Nursery

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Department Store HVAC Service Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Opelika
    County
    LEE
    State
    Alabama
    Longitude
    -85.36976
    Latitude
    32.67963

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Opelika location, 3.86 acres, commercial zoning.
    Where is this commercial real estate located?
    The property is located at 2411 Lafayette Pkwy Opelika, AL.
    What is the asking price?
    The asking price for this property is $960,000.
    (334) 703-5511
    Request Owner's contact information
    2411 Lafayette Pkwy 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
    2411 Lafayette Pkwy Opelika, AL 36801
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