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    82 & 31 Mcqueen Smith Rd & Hwy Prattville, AL 36066

    For Sale
    $742,262

    High-visibility commercial lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.84-acre commercial lot is strategically located at the intersection of McQueen Smith Road, U.S. Highway 82, and U.S. Highway 31 in Prattville, Alabama (zip code 36066). Zoned B-2 for commercial use, this property presents a prime opportunity for retail or other commercial development. The asking price is $742,262, translating to $6 per square foot. This high-traffic area boasts an impressive 2023 Annual Average Daily Traffic (AADT) count of 18,058 vehicles on US Highway 31, ensuring significant visibility and accessibility for any business. The property's location at a major intersection provides excellent exposure to a large customer base. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Alabama market. The property is being sold as a single parcel. Serious inquiries are encouraged.

    Property Features for 82 & 31 Mcqueen Smith Rd & Hwy

    General Information

    Property type
    Land
    Lot Size
    123,710 SF

    HighLights

    • Lot 2: $4.00/SF; Lot 3: $6.00/SF; Lot 5‑B: $1,200,000
    • Lot 2: ±4.25 Acres; Lot 3: ±2.84 Acres; Lot 5‑B: ±20 Acres
    • B‑2 Commercial Zoning
    • Commercial/Retail Highest and Best Use
    • 18,058 AADT (2023) on US Hwy 31
    • Exclusive Listing
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prattville
    County
    AL
    State
    Alabama
    Longitude
    -86.4201873
    Latitude
    32.4747769

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    FAQs

    What type of property is this?
    Land - High-visibility commercial lot, ideal for retail.
    Where is this land located?
    The property is located at 82 & 31 Mcqueen Smith Rd & Hwy Prattville, AL.
    What is the asking price?
    The asking price for this property is $742,262.
    What are key features of this property?
    This property features: Lot 2: $4.00/SF; Lot 3: $6.00/SF; Lot 5-B: $1,200,000; Lot 2: ±4.25 Acres; Lot 3: ±2.84 Acres; Lot 5-B: ±20 Acres; B-2 Commercial Zoning
    Request Owner's contact information
    82 & 31 Mcqueen Smith Rd & Hwy Prattville, AL 36066
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    82 & 31 Mcqueen Smith Rd & Hwy
    Prattville, AL 36066
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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
    82 & 31 Mcqueen Smith Rd & Hwy Prattville, AL 36066
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