Property profile

24497 Us-72 Athens, AL 35613

OFF-MARKET
Land
2.65 ac lot
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Property summary

AI-generated overview

This exceptional 2.65-acre commercial land parcel presents a remarkable development opportunity in Athens, Alabama. Strategically located on Highway 72, the property boasts 180 feet of high-visibility frontage, ensuring maximum exposure for any future development. Currently un-zoned, this versatile site offers a wide range of potential uses, including single-tenant occupancy such as day care centers, urgent care facilities, medical offices, attorney offices, retail spaces, or multi-family dwellings. The property's proximity to Interstate 65 (approximately 2.5 miles east) provides convenient access to major transportation routes. Adding to its appeal, the property includes a substantial existing 2,600 square foot metal building and a billboard, generating current rental income. A house is also situated on the property, further contributing to the existing revenue stream. This is an exceptional opportunity to acquire a prime commercial property with significant income potential and high visibility in a rapidly growing area. The asking price for this unique offering is $1,000,000. The property is located at 24497 US-72, Athens, AL 35613, in Limestone County.

Property profile

Verified
Property type Land
Lot 2.65 ac (115,434 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24497 Us-72 Athens, AL 35613
Athens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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