Auburn Infill Opportunity For
For Sale
$850,000
246 Lake Street, Auburn, AL 36832
Prime commercial land in high-growth Auburn corridor, zoned CDD.
Property Size1,364 SF
Lot Size0.67 Acres
Price / SF$623.17
Days on Market159
Property Features for 246 Lake Street
General Information
Standard status
Active
Size
1,364 SF
Lot size
0.67 Acres
Listing Agency:
THE PRIME REAL ESTATE GROUP
(334) 524-6210
Listed By:
BRITTANY REGISTER · License #138974
(334) 524-6210
Source:
Exprealty
Added: Mar 26
Changed: Aug 20
Last Checked: Aug 30 at 8:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE PRIME REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
Located off of South College St, 246 Lake Street in Auburn presents an investment opportunity in a rapidly developing area. The property is situated on a 0.67-acre lot and includes a 1,364 sq ft home built around 1955, which offers immediate rental or use potential. Zoned CDD (Corridor Development District), the property allows for a wide range of uses including office, retail, service-based businesses, and select light commercial applications. The location is near newly constructed commercial and industrial buildings, supporting both current demand and long-term upside. The property is located minutes from Auburn University, downtown Auburn, I-85 and major thoroughfares, benefiting from student-driven demand and proximity to expanding business activity. This property is suitable for investors, owner-users, or redevelopment opportunities seeking a value-add opportunity in a transitioning, high-demand corridor.
Key Highlights
- Zoned CDD allowing for office, retail, and service‑based businesses.
- Located in a rapidly developing area of Auburn.
- .67 ac lot offering future redevelopment potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 36832, AL
29,349
Population
14,136
Households
2.1
Avg Household Size
26
Median Age
50%
College-Educated
95%
High-School Grad
68.1 sq mi
ZIP Area
431
Density / Sq Mi
$34,957
Median Household Income
$23,874
Median Earnings
$1,018
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land in high-growth Auburn corridor, zoned CDD.
Where is this commercial land located?
The property is located at 246 Lake Street Auburn, AL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Zoned CDD allowing for office, retail, and service‑based businesses.; Located in a rapidly developing area of Auburn.; .67 ac lot offering future redevelopment potential.
