2560 Glenn Ave Auburn, AL 36830
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.