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    111 Southland Vlg Troy, AL 36079

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    For Lease
    $3 SF/Yr

    104,496 SF shopping center in Troy, Alabama.

    Property size:
    104,496 SF
    Lot size:
    104,496 SF

    Property Features for 111 Southland Vlg

    General Information

    Size
    104,496 SF

    Building Details

    Year built
    1979

    Source: Vanessa Morris Agent Vanessa Morris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Troy Retail Center For Rent

    Southland Village Shopping Center, a 104,496 square foot property, is located in Troy, Alabama, home of Troy University. Troy serves as a regional shopping hub for South Central Alabama. The center features a strong tenant mix with national credit occupants. Situated on the corner of Hwy. 231 and Elba Hwy, on the west side of the main retail corridor, the location offers quick access to I-20. The property benefits from a traffic count of 34,503 on Hwy 231 and features national and regional tenants with long-term renewals.
    Location Intelligence

    Current Use by Public Records

    Southland Village Shopping ... Shopping Mall SUNNY BEAUTY SUPPLY Store Tractor Supply Co. Animal Feed Store

    Suggested Use

    Realty agency Restaurant 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.

    Similar Places Nearby

    Southland Village Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.9663723
    Latitude
    31.7851635

    Nearby Similar for Lease

    • Contact for pricing
      45,600 SF

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      1147 Us-231, Troy, AL 36079
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    • $33 SF/Yr
      9,000 SF

      Troy University Retail Center

      Prime Retail Space, High Traffic
      701 Brundidge Blvd, Troy, AL 36081
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    • Contact for pricing

      Retail Space on US Highway

      Retail space available on a busy highway near medical center.
      1327-1333 Us-231, Troy, AL 36081
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    • Contact for pricing
      104,496 SF

      111 Southland Dr

      Retail properties • 104,496 SF
      111 Southland Dr, Troy, AL 36079
      View Details

    FAQs

    What type of property is this?
    Shopping center - 104,496 SF shopping center in Troy, Alabama.
    Where is this shopping center located?
    The property is located at 111 Southland Vlg Troy, AL.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Strong tenant mix with national credit tenants.; - High traffic count of 34,503 on Hwy 231.; - Located in Troy, Alabama, a regional shopping hub and home to Troy University.
    (205) 447-1728
    Request Owner's contact information
    111 Southland Vlg Troy, AL 36079
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    Troy, AL 36079
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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
    111 Southland Vlg Troy, AL 36079
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