921 28Th Ave Phenix City, AL 36869
- Commercial real estate
- 10.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 921 28Th Ave
- Lot size
- 10.00 lot acres
- Property type
- Commercial real estate
- APN
- 05 05 16 03 001 087.000
Description
This exceptional 10-acre site in Phenix City, Alabama, presents a remarkable opportunity for multifamily development. Located in Russell County, this property boasts convenient access to US Highways 80 and 280, placing it within the thriving Columbus, Georgia metropolitan area. Zoned for residential and multifamily use, the site is ideally suited for the construction of approximately 28 duplex units, offering flexibility for a build-to-rent strategy or individual investor purchases. The property features readily available sanitary sewer and desirable topography, simplifying the development process. Its strategic location provides easy access to the Columbus Airport and a substantial population base of over 253,500 within a 10-mile radius, further enhanced by its proximity to Fort Moore and Fort Mitchell. The area demonstrates strong demographics, with an average household income exceeding $66,400 within a 10-mile radius. This location is surrounded by a robust commercial landscape, including over 4,200 commercial buildings of various types and classes within a 6-mile radius of Columbus, GA. The property's APN is 05 05 16 03 001 087.000. The asking price for this prime development land is $480,000. The address is 921 28th Ave, Phenix City, AL 36869.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phenix City
- County
- Russell
- State
- Alabama
- Longitude
- -85.0353021
- Latitude
- 32.4642951
