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Property profile & analytics
OFF-MARKET
Land

Prattville AL USA Grouby Airport Rd Prattville, AL 36067

25.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.39-acre property presents a remarkable investment opportunity in Prattville, Alabama. Strategically located on Grouby Airport Road, this land boasts convenient access to major transportation arteries, including Highway 14, Highway 82, Highway 31, and Interstate 65. Its proximity to Prattville Airport further enhances its appeal. Situated within Prattville city limits, the property benefits from readily available power and water utilities. The versatile zoning permits agricultural, commercial, and residential uses, opening doors to a wide range of development possibilities. Consider its location: under 20 minutes from Montgomery, 90 minutes from Birmingham, and three hours from Mobile and its port. The asking price is $474,580, representing a compelling value of $12,000 per acre, especially considering the higher land costs in the Montgomery MSA for similar industrial sites. Alternative parcel sizes are available: approximately 22.89 acres for $274,680 and 2.5 acres for $199,900. This property offers significant potential for diverse development projects, making it an attractive investment for discerning buyers. The Autauga County location adds to its desirability.

Property profile
Verified
Property type Land
Lot 25.39 ac (1,105,988 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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