230 Lee Rd Auburn, AL 36830
This exceptional 96.25-acre property in Auburn, Alabama, presents a unique investment opportunity. The estate includes three buildings totaling 19,669 square feet of space, offering diverse income streams. A fully operational winery, capable of producing over 30 wine varietals, occupies an 11,200 square foot, two-story building. This building also features a 1200 square foot second-story living/bridal suite. A separate 5,400 square foot building serves as a wedding venue and event center, complete with a front desk shop and wine tasting bar. A third 4,000 square foot utility building is equipped for harvesting and property maintenance. The property boasts 12 dock-high doors and 16-foot ceilings, ideal for industrial or flex uses. Forty acres are currently planted with grapevines, while an additional 50 acres offer significant expansion or development potential. The property's permitted zoning allows for a wide range of uses, including residential, RV park, Airbnb, or further industrial development. Located at 230 Lee Rd, Auburn, AL 36830, this property is just 15 minutes from Auburn and offers unparalleled versatility and growth potential. The asking price is $3,500,000, with a price per square foot of $177.94. Built in 2009, this property is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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