2013 Waverly Pkwy Opelika, AL 36801
- Land
- 36.38 lot acres
Current Use by Public Records
- Land
Property Details for 2013 Waverly Pkwy
- Lot size
- 36.38 lot acres
- Property type
- Land
Description
This exceptional 36.38-acre parcel in Opelika, Alabama, presents a remarkable opportunity for high-density development. Located at 2013 Waverly Pkwy, 36801, this property boasts a prime location and is zoned for a variety of uses, including high-density and medium-density residential, as well as C-2 office/retail. The site currently features three distinct zoning classifications: R-5/R-5M (High Density Residential, up to 16 units per acre), R-4/R-4M (Medium Density Residential, up to 9 units per acre), and C-2 (Office/Retail). Rezoning the entire property to any of these classifications should present no significant obstacles. All utilities are conveniently located on-site, making this a highly attractive proposition for developers seeking to create a thriving multi-family community or mixed-use development. The R-5 and R-4 zoning designations specify that developments should be in scale with the existing neighborhood and served by sanitary sewer. The C-2 zoning allows for a range of uses, including residential, offices, banks, fast food establishments, and convenience stores. This versatile property offers significant potential for a variety of development projects, making it an ideal investment for discerning buyers. The asking price is $2,934,400.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Opelika
- County
- Lee
- State
- Alabama
- Longitude
- -85.407
- Latitude
- 32.6483
