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    Redland Rd Wetumpka, AL 36093

    Sponsored
    For Sale
    $285,000

    1.13-acre commercial lot, Wetumpka, AL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.13-acre commercial lot is situated in the burgeoning Redland Village development, a 10-acre mixed-use project boasting approximately 186 feet of road frontage on Redland Road. This corner lot offers unparalleled visibility and zero competition, making it ideal for a variety of uses. Zoned for office and retail, this property is perfectly positioned to capitalize on the significant residential growth in the desirable Redland School District (zip code 36093). The location benefits from high traffic counts (38,000 vehicles per day) just minutes away on US Highway 231, and convenient access from both Dozier Road and Redland Road. Further enhancing its appeal, a new convenience store/gas station and a new grocery outlet are planned for nearby locations within the development. This fee-simple property is offered at $285,000 and presents a unique opportunity for businesses seeking high visibility and strong growth potential in a thriving community. Suitable uses include retail, office, medical, and banking/finance.

    Property Features for 0 Redland Rd

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • $285,000 asking price for 1.13 acres of commercial land.
    • Fee simple ownership with office/retail zoning.
    • Located in Wetumpka, Alabama (36093), on Redland Rd, a corner lot with approximately 186 feet of road frontage.
    • High‑visibility site in a growing residential area, near US Hwy 231 (38,000 daily traffic count).
    • Part of the Redland Village development, with a new convenience store/gas station and grocery store planned nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.12185798
    Latitude
    32.50886002

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    FAQs

    What type of property is this?
    Land - 1.13-acre commercial lot, Wetumpka, AL
    Where is this land located?
    The property is located at Redland Rd Wetumpka, AL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: $285,000 asking price for 1.13 acres of commercial land.; Fee simple ownership with office/retail zoning.; Located in Wetumpka, Alabama (36093), on Redland Rd, a corner lot with approximately 186 feet of road frontage.
    (334) 394-3662
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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

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    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
    Redland Rd Wetumpka, AL 36093
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