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Property profile & analytics
OFF-MARKET
Land

15000 Old Highway 5 Grove Hill, AL 36451

5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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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