15000 Old Highway 5 Grove Hill, AL 36451
This exceptional 5-acre commercial property in Clarke County, Alabama, presents a remarkable investment opportunity. Located in the 15000 Block of S Old Highway 5, Thomasville, AL 36451, this high and dry site boasts significant road frontage: over 525 feet along Highway 43 and approximately 560 feet along Church Street (also known as Old County Road 5). The property's strategic location ensures high visibility and traffic count, making it ideal for retail or service businesses. City water, gas, and sewer are readily available. Zoned for mixed use (commercial and residential), this versatile land offers substantial potential for development. The property consists of two parcels: 16-24-05-22-5-001015.050 and 16-24-08-27-2-000-002.020, totaling approximately 5 acres. Its location partially within and partially outside the city limits of Grove Hill provides flexibility for various development plans. This is a prime opportunity to acquire a strategically located commercial property in a growing area. The asking price is $110,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.