516to617 Folmar & Madison Streets Troy, AL 36081

Listing Agency LANDMARK REALTY Show Phone

100 N Three Notch St PO BOX 1234, Troy, AL

Listed by Earl Ellis Show Phone

Added: Aug 12, 2024 Checked: Jul 17 at 8:06 am

Report an Issue

MLS# 27048 Listing URL

Copyright © 2026 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Investment Insights

Based on property information with market context.

This is a prime development property situated near Troy University and the newly redeveloped Lake Lagoona Park. The property offers over 500 feet of street frontage. Any residential development on this land would provide a living experience akin to being on campus. The lot size is 1.27 acres and is located in Troy, AL.

Key Highlights

• Prime development property inside Troy University property
• Over 500 feet of street frontage
• Near the newly redeveloped Lake Lagoona Park

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,100,000

  Heavy Industrial Retail & Storage Building

  Zoned M2 heavy industrial with a 2008-built facility offering retail space plus storage and a loading dock.

  700 US Highway 231, TROY, AL 36081

  View Details
• 

  $2,106,489

  9,100 SF

  Free-Standing Dollar General Store

  Brand-new free-standing retail building offered with a guaranteed NNN lease featuring scheduled rent increases.

  1509 Elba Highway, Troy, AL 36079

  View Details
• 

  $600,000

  8,000 SF

  Industrial Land in Troy, AL

  10.47 acres, fenced, with storage and easy highway access.

  727 Hudson Street, TROY, AL 36079

  View Details
• 

  $675,600

  Hunting Land with Timber and Streams

  168.9-acre tract with mature timber, two streams, and an established food plot for hunting use.

  Clayhill Road, TROY, AL 36081

  View Details
• 

  $588,000

  Recreational Hunting Land with Creek

  168 +/- acres of longleaf pine, timber, and food plots supported by creek corridors and internal trails for outdoor recreation.

  County Road 325, Troy, AL 36079

  View Details
• 

  $1,074,000

  4,244 SF

  Medical Office Building on Highway

  Medical office building with lease in place through April 2026.

  889 Elba Highway, Troy, AL 36079

  View Details
• 

  $105,000

  Commercial Development Land

  A 5.5-acre industrial land parcel on Hwy 231, positioned near the Pike County Fairgrounds for flexible development planning.

  Hwy 231, TROY, AL 36081

  View Details
• 

  $546,000

  120 Acres Near Troy University

  Sportsman's paradise near Troy University campus with timber and creek.

  Butter and Egg Road, Troy, AL 36081

  View Details
• 

  $299,900

  Commercial Land on Highway 231

  3.6+/- acre commercial lot with Highway 231 frontage and visibility for retail, office, restaurant, or service development.

  231 US Hwy, troy, AL 36081

  View Details
• 

  $650,000

  Prime Land on US Highway

  65 acres of land ready for development near Troy.

  US Highway 231, TROY, AL 36081

  View Details
• 

  $2,200,000

  8,800 SF

  Retail Property with Income Potential

  14-acre retail property with two buildings and highway frontage.

  1319 S Brundidge St, TROY, AL 36081

  View Details
• 

  $399,000

  Prime Land on US Hwy 231

  20-acre commercial land with frontage on US Hwy 231.

  Highway 231, TROY, AL 36079

  View Details

FAQs

What type of property is this?

Commercial land - Prime development property near Troy University and Lake Lagoona Park.

Where is this commercial land located?

The property is located at 516to617 Folmar & Madison Streets Troy, AL.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: Prime development property inside Troy University property; Over 500 feet of street frontage; Near the newly redeveloped Lake Lagoona Park