Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3073 Hwy Roanoke, AL 36274

    For Sale
    $175,000

    Two outparcels near major retailers. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Prime commercial land investment opportunity in Roanoke, Alabama, encompassing two outparcels adjacent to Bonner Point Shopping Center. This thriving neighborhood retail center, boasting approximately 87,000 square feet, features national tenants such as Tractor Supply Co., Hibbett Sports, and Badcock Furniture. Strategically located directly off the full-access US Highway 431, less than 10 miles from the Georgia state line, this location ensures high visibility and accessibility. The outparcels, Parcel 3 and Parcel 4, benefit from shared cross-parking easements with the shopping center (see recorded easement). Parcel 3, offered at $175,000, presents a compelling opportunity for development or ground lease. The combined lot size of the two parcels ranges from 0.46 to 0.84 acres, providing ample space for various commercial ventures. This property is classified as Class C commercial land. The property address is 3073 US Highway 421, Roanoke, AL 36274. This is an exceptional chance to capitalize on a strong retail corridor in a growing area.

    Property Features for 3073 Hwy

    General Information

    Property type
    Retail properties
    Class
    C
    Lot Size
    20,038 SF

    HighLights

    • $175,000 asking price for Parcel 3.
    • 0.46 to 0.84 acres of commercial land in Roanoke, Alabama.
    • Class C retail land located near a major shopping center anchored by national tenants including Tractor Supply Co., Hibbett Sports, and Badcock Furniture.
    • Property is situated on US Highway 431, less than 10 miles from the Georgia state line.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Randolph
    State
    Alabama
    Longitude
    -85.358365571177
    Latitude
    33.14908007778

    Nearby Similar for Sale

    • $750,000
      2.00 Acres

      Versatile Commercial Property in Roanoke

      9,750 SF commercial space with warehouse and office.
      31 Steelview Dr, Roanoke, AL 36274
      View Details
    • $899,000
      2.00 Acres

      Prime Roanoke Industrial Space

      Versatile Warehouse, Office, Ample Parking
      31 Steelview Dr, Roanoke, AL 36274
      View Details
    • Contact for pricing

      Roanoke Retail Space - Highway 431

      High-traffic retail space, utilities included.
      3164 Highway 431, Roanoke, AL 36274
      View Details
    • Contact for pricing

      Roanoke Retail Space - Highway 431

      High-traffic retail/office space available. Great location, utilities included.
      3164 Highway 431, Roanoke, AL 36274
      View Details
    • Contact for pricing

      High-Traffic Roanoke Retail Space

      Prime Office/Retail, 1200 sq ft, Great Location
      3164 Highway 431, Roanoke, AL 36274
      View Details
    • $3,100,000
      21.50 Acres

      Roanoke MHP: Alabama Investment

      79-Pad Mobile Home Park, High NOI
      460 Pine Valley Dr, Roanoke, AL 36274
      View Details

    FAQs

    What type of property is this?
    Retail property - Two outparcels near major retailers. High-traffic location.
    Where is this retail property located?
    The property is located at 3073 Hwy Roanoke, AL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price for Parcel 3.; 0.46 to 0.84 acres of commercial land in Roanoke, Alabama.; Class C retail land located near a major shopping center anchored by national tenants including Tractor Supply Co., Hibbett Sports, and Badcock Furniture.
    Request Owner's contact information
    3073 Hwy Roanoke, AL 36274
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3073 Hwy
    Roanoke, AL 36274
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3073 Hwy Roanoke, AL 36274
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.