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    French Farms Blvd Athens, AL 35611

    For Sale
    $900,000

    Prime Athens location, high visibility, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.38-acre commercial land parcel presents a remarkable investment opportunity in Athens, Alabama. Strategically located off Highway 31 at Highway 72, this property boasts unparalleled visibility and accessibility. Its prime location directly adjoins the thriving French Farms Shopping Center, anchored by several national retail tenants, ensuring high traffic volume and strong consumer presence. The property's zoning is B-2 - General Business, allowing for a wide range of commercial development possibilities. With significant frontage on Highway 31 and convenient access to Highway 72, this site offers exceptional exposure to a large customer base. The property's proximity to the shopping center and its visibility from Walmart further enhance its desirability. This large parcel presents a unique chance to capitalize on the robust growth and development within the City of Athens. The potential for commercial or residential development makes this a versatile and highly attractive investment. Don't miss this opportunity to acquire a premier commercial property in a rapidly expanding market. The asking price is $900,000.

    Property Features for 0 French Farms Blvd

    General Information

    Property type
    Land
    Lot Size
    408,593 SF

    HighLights

    • 9.38‑acre commercial land parcel in Athens, Alabama.
    • High‑visibility location off Highway 31 and Highway 72.
    • Adjacent to French Farms Shopping Center with national retail tenants.
    • B‑2 General Business zoning allows for diverse development.
    • Potential for commercial or residential development.
    • Significant Highway 31 frontage and easy Highway 72 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    Limestone
    State
    Alabama
    Longitude
    -86.9607139
    Latitude
    34.7847434

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    FAQs

    What type of property is this?
    Land - Prime Athens location, high visibility, development potential.
    Where is this land located?
    The property is located at French Farms Blvd Athens, AL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 9.38-acre commercial land parcel in Athens, Alabama.; High-visibility location off Highway 31 and Highway 72.; Adjacent to French Farms Shopping Center with national retail tenants.
    Request Owner's contact information
    French Farms Blvd Athens, AL 35611
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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
    French Farms Blvd Athens, AL 35611
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