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    254 Columbus Pkwy Opelika, AL 36801

    Sponsored
    For Sale
    $135,000

    Prime Opelika, AL commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 27,450 square foot commercial land parcel is ideally situated in Opelika, Alabama, at 254 Columbus Parkway. Its strategic location offers convenient access to Interstate 85, ensuring high visibility and easy accessibility for businesses and customers. The lot is priced competitively at $135,000, translating to a land value of $4.92 per square foot, representing a compelling investment opportunity. This property presents a blank canvas for a wide range of commercial developments, from retail spaces to light industrial uses. The expansive lot size provides ample room for construction and potential expansion. Located in Lee County, Alabama, with a zip code of 36801, this property benefits from the thriving economic environment of Opelika and its proximity to major transportation routes. The address is easily identifiable and accessible, making it an attractive option for businesses seeking a prominent location. Given its size, location, and competitive pricing, this property is poised for rapid development and significant return on investment. Serious inquiries are encouraged to explore the potential of this exceptional commercial land opportunity. The property is ready for immediate development.

    Property Features for 254 Columbus Pkwy

    General Information

    Property type
    Land

    HighLights

    • 27,450 SF commercial land parcel in Opelika, AL.
    • Located at 254 Columbus Parkway with I‑85 access.
    • Priced at $135,000 ($4.92/SF).
    • Suitable for retail or light industrial development.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Opelika
    County
    Lee
    State
    Alabama
    Longitude
    -85.3681282
    Latitude
    32.6438331

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    FAQs

    What type of property is this?
    Land - Prime Opelika, AL commercial lot.
    Where is this land located?
    The property is located at 254 Columbus Pkwy Opelika, AL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 27,450 SF commercial land parcel in Opelika, AL.; Located at 254 Columbus Parkway with I-85 access.; Priced at $135,000 ($4.92/SF).
    Request Owner's contact information
    254 Columbus Pkwy Opelika, AL 36801
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    Opelika, AL 36801
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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
    254 Columbus Pkwy Opelika, AL 36801
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