0 Redland Rd Wetumpka, AL 36093
This exceptional 1.01-acre commercial lot, situated in the burgeoning Redland Village development in Wetumpka, Alabama, presents a unique investment opportunity. Zoned for office and retail uses, this fee-simple property boasts a prime corner location offering unparalleled visibility and accessibility. Located at 0 Redland Rd, Wetumpka, AL 36093, the site benefits from approximately 300 feet of road frontage on Redland Rd, providing excellent exposure to high traffic counts. The property is part of a larger 10-acre mixed-use development, experiencing significant growth fueled by the desirable Redland School District and a high-profile residential growth corridor. The strategic location offers easy access from both Dozier Rd and Redland Rd, placing it within minutes of US Highway 231, which sees 38,000 vehicles daily. Further enhancing the area's appeal, a new convenience store and gas station is under construction at the northeast corner of the development, and a new grocery outlet is planned. This property is ideal for a variety of commercial uses, including retail, office, medical, and banking/finance businesses. The asking price is $285,000. Don't miss this chance to establish your business in a thriving community.
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
Physical attributes from public recordsZoning & alternative use
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.