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    2560 Glenn Ave Auburn, AL 36830

    For Sale
    $2,457,000

    Prime 2.73-acre pad-ready site in Auburn, AL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.73-acre commercial land parcel, located at 2560 E Glenn Ave in Auburn, Alabama, presents a remarkable investment opportunity. Priced at $2,457,000, this property is zoned as a Planned Development District (PDD), offering flexibility for various development projects. The site boasts a highly desirable pad-ready condition, eliminating significant upfront development costs. With 440 feet of frontage on E Glenn Ave, the property enjoys exceptional visibility and accessibility. Convenient access to utilities is ensured, complemented by an existing traffic light and off-site shared detention, streamlining the development process. The property's strategic location near Interstate 85, directly across from 270 luxury apartments and in close proximity to Tiger Town, guarantees high traffic volume and exposure. A 2021 traffic count recorded 17,669 vehicles per day passing this location. The property's PDD zoning also allows for the possibility of subdivision, further enhancing its investment potential. This is a rare opportunity to acquire a prime commercial site in a thriving Auburn location. The APN is 43 09 08 27 1 000 001.001. This property is ready for immediate development.

    Property Features for 2560 Glenn Ave

    General Information

    Property type
    Land
    Lot Size
    118,919 SF

    HighLights

    • $2,457,000 asking price for 2.73 acres of commercial land.
    • Planned Development District (PDD) zoning.
    • Pad‑ready site with 440 ft of road frontage on E Glenn Ave.
    • Off‑site detention and traffic light.
    • High visibility location with 17,669 vehicles per day (VPD) in 2021.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Lee
    State
    Alabama
    Longitude
    -85.42600267
    Latitude
    32.61299868

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    FAQs

    What type of property is this?
    Land - Prime 2.73-acre pad-ready site in Auburn, AL.
    Where is this land located?
    The property is located at 2560 Glenn Ave Auburn, AL.
    What is the asking price?
    The asking price for this property is $2,457,000.
    What are key features of this property?
    This property features: $2,457,000 asking price for 2.73 acres of commercial land.; Planned Development District (PDD) zoning.; Pad-ready site with 440 ft of road frontage on E Glenn Ave.
    Request Owner's contact information
    2560 Glenn Ave Auburn, AL 36830
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    Auburn, AL 36830
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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
    2560 Glenn Ave Auburn, AL 36830
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