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    Us-80 Phenix City, AL 36870

    Sponsored
    For Sale
    $6,750,000

    Prime Mixed-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54-acre tract in Phenix City, Alabama, presents a remarkable mixed-use development opportunity. Located on US Highway 80 West, the property boasts 1,400 feet of frontage and enjoys high visibility with over 24,000 vehicles passing daily. The Commercial Mixed-Use zoning permits a blend of retail and residential uses, including the potential for approximately 250 apartments and 50 single-family homes, along with over 12 acres for grocery-anchored retail development. The site's desirable topography and readily available sanitary sewer facilitate a streamlined development process. Its strategic location within the Columbus, Georgia metropolitan area offers access to a robust population of 220,960, including the personnel of Fort Moore and Fort Mitchell. A recently constructed Walmart, less than half a mile away, attracts over one million shoppers annually, underscoring the area's strong retail potential. The average household income within a 10-mile radius exceeds $65,600, indicating a strong consumer base. This property is ideally suited for a build-to-rent residential component, townhomes, or single-family homes, complementing the retail development. The Columbus Airport is conveniently located within a 10-mile radius. The property's APN is 05 04 18 02 001 002.000. This is a rare opportunity to capitalize on the growth trajectory of the Southeast, creating a thriving mixed-use community. The asking price is $6,750,000.

    Property Features for 0 Us-80

    General Information

    Property type
    Land
    Lot Size
    2,352,240 SF

    HighLights

    • 54‑acre mixed‑use development site in Phenix City, AL, near Columbus, GA.
    • Commercial Mixed‑Use zoning allows for approximately 250 apartments, 50 single‑family homes, and over 12 acres of grocery‑anchored retail.
    • Build‑to‑rent potential with townhomes and single‑family homes.
    • 1,400 feet of frontage on US Highway 80 West, with over 24,000 vehicles passing daily.
    • Strong demographics: Average household income over $65,600 within a 10‑mile radius, serving Fort Moore and Fort Mitchell personnel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phenix City
    County
    Russell
    State
    Alabama
    Longitude
    -85.074472
    Latitude
    32.470034

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    FAQs

    What type of property is this?
    Land - Prime Mixed-Use Development Opportunity
    Where is this land located?
    The property is located at Us-80 Phenix City, AL.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: 54-acre mixed-use development site in Phenix City, AL, near Columbus, GA.; Commercial Mixed-Use zoning allows for approximately 250 apartments, 50 single-family homes, and over 12 acres of grocery-anchored retail.; Build-to-rent potential with townhomes and single-family homes.
    (938) 666-1357
    Request Owner's contact information
    Us-80 Phenix City, AL 36870
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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-80 Phenix City, AL 36870
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