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    31 & 82 Hwy Prattville, AL 36067

    For Sale
    $2,250,000

    42.3 Acres, High Visibility, $2.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 42.3-acre commercial land parcel is strategically located at the intersection of U.S. Hwy 31 and 82 in Prattville, Alabama, zip code 36067. Boasting excellent visibility and a convenient location, this property presents a significant opportunity for various commercial ventures. The B-2 (Commercial) zoning allows for a wide range of uses, including retail, commercial, or institutional development. Approximately 23.21 acres are usable, offering ample space for substantial projects. The property benefits from a traffic light at Sheila Blvd, ensuring high traffic counts. A 2021 Annual Average Daily Traffic (AADT) count of 19,250 vehicles highlights the significant potential for customer reach. The asking price is $2,250,000, translating to $2 per square foot of usable land. Immediate possession is available, making this a truly turnkey opportunity. This is an exclusive listing, priced for the entire parcel.

    Property Features for 31 & 82 Hwy

    General Information

    Property type
    Land
    Lot Size
    1,842,588 SF

    HighLights

    • Sale Price: $2.00 per usable square foot.
    • Zoning: B‑2 Commercial.
    • Highest and Best Use: Commercial, retail, or church.
    • Excellent street visibility.
    • Immediate possession available.
    • 2021 Annual Average Daily Traffic Count: 19,250.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prattville
    County
    Autauga
    State
    Alabama
    Longitude
    -86.4576964
    Latitude
    32.5485292

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    FAQs

    What type of property is this?
    Land - 42.3 Acres, High Visibility, $2.25M
    Where is this land located?
    The property is located at 31 & 82 Hwy Prattville, AL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Sale Price: $2.00 per usable square foot.; Zoning: B-2 Commercial.; Highest and Best Use: Commercial, retail, or church.
    Request Owner's contact information
    31 & 82 Hwy Prattville, AL 36067
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    Prattville, AL 36067
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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
    31 & 82 Hwy Prattville, AL 36067
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