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    Highway 431 Eufaula, AL 36027

    For Sale
    $290,000

    High-traffic Hwy 431 commercial land. Huge potential!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.48-acre commercial land parcel presents a remarkable investment opportunity in Eufaula, Alabama. Strategically located on Highway 431 North in Bakerhill, this property boasts high visibility and significant traffic flow, ensuring maximum exposure for any commercial venture. Underground utilities, including power and city sewage, are already in place, simplifying development and reducing upfront costs. Six existing power hookups, some with concrete slabs, are currently available, along with additional interior spaces offering further sewage hookup potential. The property's history includes the successful operation of a mobile home park, with the potential to accommodate numerous units. Currently, one owner-occupied mobile home is on the property under a monthly lease, generating immediate income. Proximity to several boat ramps, Creektown Park, and Lakepoint State Park adds to the property's appeal, making it ideal for a variety of commercial uses, including an RV park or mobile home community. A schematic of the power and sewage line survey is available for review. Furthermore, the existing advertisement sign on the property provides an additional revenue stream. This property offers unlimited potential for a substantial return on investment. The property is zoned for commercial use and is located in Barbour County, Alabama, zip code 36027.

    Property Features for 0 Highway 431

    General Information

    Property type
    Land
    Lot Size
    108,029 SF

    HighLights

    • 2.48‑acre commercial land parcel in Eufaula, AL, on Highway 431 North.
    • High visibility and traffic on Highway 431 North in Bakerhill, AL.
    • Existing underground utilities (power & city sewage), six power hookups, and some concrete slabs.
    • Potential for mobile home park or RV park; currently generates income from one leased mobile home.
    • Near boat ramps, Creektown Park, and Lakepoint State Park; zoned commercial in Barbour County, AL (36027).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Eufaula
    County
    Barbour
    State
    Alabama
    Longitude
    -85.1686743
    Latitude
    31.9693453

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 431 commercial land. Huge potential!
    Where is this land located?
    The property is located at Highway 431 Eufaula, AL.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: 2.48-acre commercial land parcel in Eufaula, AL, on Highway 431 North.; High visibility and traffic on Highway 431 North in Bakerhill, AL.; Existing underground utilities (power & city sewage), six power hookups, and some concrete slabs.
    (334) 687-3690
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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
    Highway 431 Eufaula, AL 36027
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