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Property profile & analytics
OFF-MARKET
Land

2560 Glenn Ave Auburn, AL 36830

2.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.73-acre commercial land parcel, located at 2560 E Glenn Ave in Auburn, Alabama, presents a remarkable investment opportunity. Priced at $2,457,000, this property is zoned as a Planned Development District (PDD), offering flexibility for various development projects. The site boasts a highly desirable pad-ready condition, eliminating significant upfront development costs. With 440 feet of frontage on E Glenn Ave, the property enjoys exceptional visibility and accessibility. Convenient access to utilities is ensured, complemented by an existing traffic light and off-site shared detention, streamlining the development process. The property's strategic location near Interstate 85, directly across from 270 luxury apartments and in close proximity to Tiger Town, guarantees high traffic volume and exposure. A 2021 traffic count recorded 17,669 vehicles per day passing this location. The property's PDD zoning also allows for the possibility of subdivision, further enhancing its investment potential. This is a rare opportunity to acquire a prime commercial site in a thriving Auburn location. The APN is 43 09 08 27 1 000 001.001. This property is ready for immediate development.

Property profile
Verified
Property type Land
Lot 2.73 ac (118,919 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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