0 Hwy 80 & Evans Rd Phenix City, AL 36870
This exceptional 1.62-acre commercial land parcel presents a unique investment opportunity in Phenix City, Alabama. Strategically located at the intersection of Highway 80 and Evans Road, this property enjoys high visibility and accessibility, situated directly east of a Walmart and behind a Wendy's. The property is zoned for commercial use, offering a wide range of development possibilities. A key advantage is the presence of on-site sewer, simplifying infrastructure needs for future projects. Further enhancing its appeal, a new traffic signal has recently been installed at the Evans Road intersection, significantly improving traffic flow and visibility for businesses operating on the site. This prime location, coupled with the existing infrastructure and improved traffic management, makes this property an ideal choice for developers seeking a high-impact commercial venture in a rapidly growing area. The property is located in Russell County, Alabama, with a zip code of 36870. The coordinates are 32.477563 latitude and -85.1375645 longitude. The asking price for this exceptional property is $175,000.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.