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    Coosa River Pkwy Wetumpka, AL 36092

    Sponsored
    For Sale
    $975,000

    Prime Wetumpka location, 15 acres, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 15-acre commercial land parcel presents a remarkable investment opportunity in Wetumpka, Alabama. Strategically located at the corner of Coosa River Parkway and Gossum Switch Road, this property boasts excellent accessibility and visibility. Currently undeveloped, the land is zoned B-2 (Commercial), making it ideal for a variety of uses including retail, office, commercial, or multi-family development. The asking price for the entire 15-acre parcel is $975,000. However, the seller is willing to consider dividing the land and adjusting the price accordingly, offering flexibility for potential buyers with varying needs and project scopes. This prime location offers significant advantages, including proximity to Chapel Lakes Apartments, a 152-unit complex, providing a built-in residential base for potential commercial ventures. The property's size and zoning regulations provide ample room for creative development plans, catering to a wide range of commercial enterprises. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with high potential for significant return on investment. Detailed zoning information and development guidelines are readily available upon request.

    Property Features for 0 Coosa River Pkwy

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • Listed Price: $975,000 (entire parcel, divisible)
    • 15‑acre commercial land parcel
    • Undeveloped land
    • B‑2 Commercial zoning
    • Excellent accessibility at Coosa River Parkway & Gossum Switch Road
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.31851712
    Latitude
    32.53689898

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    FAQs

    What type of property is this?
    Land - Prime Wetumpka location, 15 acres, commercial zoning.
    Where is this land located?
    The property is located at Coosa River Pkwy Wetumpka, AL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Listed Price: $975,000 (entire parcel, divisible); 15-acre commercial land parcel; Undeveloped land
    Request Owner's contact information
    Coosa River Pkwy Wetumpka, AL 36092
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    Wetumpka, AL 36092
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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
    Coosa River Pkwy Wetumpka, AL 36092
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