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Commercial Land Near Fairgrounds
For Sale
$105,000

Hwy 231, Troy, AL 36081

Lots & Land, TROY, AL

Property SizeContact for details
Lot Size5.52 Acres
Days on Market94

Property Features for Hwy 231

General Information

Property type Land
Property subtype Other
Directions From Troy travel about 2.5 miles south, the property is just past the Pike County Fairgrounds on the left.
Subdivision Troy
Standard status Active
Lot size 5.52 Acres

Taxes and HOA fees

Tax Description Parcels 551701120000047.000 and .001
Legal Description Parcels 551701120000047.000 and .001

Utilities

Utilities Electricity Available
Water source Public
Listing Agency: Meredith + Co Real Estate
Listed By: Matt Meredith
Added: Jun 16 Changed: Sep 7 Last Checked: Sep 17 at 3:06AM
MLS# 30633

Copyright © 2026 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5.52-acre commercial land tract is positioned along Hwy 231 in Troy, Alabama. The property is suited to planning for office, warehouse, or storage development, subject to applicable requirements.

The site is near the Pike County Fairgrounds and includes access to public water. Electricity is also available, providing key utility service for evaluating future site plans.

Key Highlights

  • 5.52 acres of commercial land
  • Frontage along Hwy 231 in Troy, AL 36081
  • Near the Pike County Fairgrounds

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 36081, AL

15,513
Population
7,398
Households
2.1
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
209.5 sq mi
ZIP Area
74
Density / Sq Mi
$42,005
Median Household Income
$26,190
Median Earnings
$833
Median Rent
$182,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with public water and electricity available for future development.
Where is this commercial land located?
The property is located at Hwy 231 Troy, AL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 5.52 acres of commercial land; Frontage along Hwy 231 in Troy, AL 36081; Near the Pike County Fairgrounds
More about this property
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