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    Us Highway 231 Wetumpka, AL 36093

    For Sale
    $795,000

    2.69 Acres, Hwy 231 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.69-acre commercial lot is strategically located in Wetumpka, Alabama, at the high-traffic intersection of US Highway 231 and Welch Drive. Boasting approximately 427 feet of frontage on US Highway 231, this property offers unparalleled visibility and accessibility for a wide range of retail and commercial ventures. The B-2 (Commercial) zoning allows for diverse development opportunities, making it an ideal investment for businesses seeking a prominent location with high potential for growth. The asking price is $795,000, translating to $295,539 per acre, reflecting the prime location and development potential. Situated in Elmore County, with a 36093 zip code, this property presents a rare opportunity to establish a thriving business in a rapidly growing area. The land's excellent accessibility and high visibility make it a compelling investment for businesses seeking maximum exposure and convenient access for customers. This property is ready for immediate development, offering a blank canvas for your vision. Don't miss this chance to secure a prime commercial location in a thriving Alabama market.

    Property Features for 0 Us Highway 231

    General Information

    Property type
    Land
    Lot Size
    117,176 SF

    HighLights

    • Sale Price: $795,000
    • 2.69‑Acre Lot
    • B‑2 Commercial Zoning
    • Ideal for Retail/Commercial Development
    • Excellent Accessibility
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.1141045
    Latitude
    32.5001105

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    FAQs

    What type of property is this?
    Land - 2.69 Acres, Hwy 231 Frontage
    Where is this land located?
    The property is located at Us Highway 231 Wetumpka, AL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Sale Price: $795,000; 2.69-Acre Lot; B-2 Commercial Zoning
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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
    Us Highway 231 Wetumpka, AL 36093
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