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    Us-31 Prattville, AL 36066

    For Sale
    $1,200,000

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Prattville, Alabama. Located at the intersection of US Highway 82 and US Highway 31, this property boasts unparalleled visibility and accessibility, with a 2023 Annual Average Daily Traffic count of 18,058 on US Highway 31. The property is zoned B-2, permitting a wide range of commercial and retail developments. Its size and location make it ideal for a variety of uses, catering to the needs of a growing community. The asking price for this expansive lot is $1,200,000. This is an exclusive listing, offering a rare chance to acquire a significant piece of commercial real estate in a high-demand area. The property's strategic location ensures high visibility and easy access for potential customers, making it an attractive proposition for businesses seeking a prominent presence in Prattville. This is a remarkable opportunity to capitalize on the thriving commercial landscape of Autauga County. The property's B-2 zoning provides flexibility for a variety of commercial ventures, ensuring a strong return on investment. Don't miss this chance to secure this exceptional commercial land parcel.

    Property Features for 0 Us-31

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • $1,200,000 asking price for Lot 5B.
    • Lot 5B encompasses approximately 20 acres.
    • B‑2 Commercial zoning.
    • Highest and best use: Commercial/Retail development.
    • High traffic count: 18,058 AADT (2023) on US Hwy 31.
    • Exclusive listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prattville
    County
    Autauga
    State
    Alabama
    Longitude
    -86.453999
    Latitude
    32.4935279

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at Us-31 Prattville, AL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for Lot 5B.; Lot 5B encompasses approximately 20 acres.; B-2 Commercial zoning.
    Request Owner's contact information
    Us-31 Prattville, AL 36066
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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-31 Prattville, AL 36066
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