Troy, AL Development
For Sale
$1,450,000
516to617 Folmar & Madison Streets, Troy, AL 36081
LAND - TROY, AL
Property SizeContact for details
Lot Size1.27 Acres
Days on Market750
Property Features for 516to617 Folmar & Madison Streets
General Information
Property type
Land
Property subtype
Other
Directions
From South Brundidge Street, turn on to East Madison Street; go 2 blocks to Folmar Street. This property corners on East Madison Street & Folmar Street.
Subdivision
Troy
Standard status
Active
Lot size
1.27 Acres
Taxes and HOA fees
Tax Description
survey on File
Legal Description
survey on File
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
LANDMARK REALTY
(334) 566-9000
Listed By:
Earl Ellis
(334) 672-7100
Added: Aug 12, 2024
Changed: May 14
Last Checked: Aug 31 at 6:06PM
MLS# 27048
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
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 36081, AL
15,513
Population
7,398
Households
2.1
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
209.5 sq mi
ZIP Area
74
Density / Sq Mi
$42,005
Median Household Income
$26,190
Median Earnings
$833
Median Rent
$182,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
