Current Use by Public Records
- Retail properties & Spaces
Property Details for 938 Us-231
- Lot size
- 1.29 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional commercial property, located at 938 US-231 in Wetumpka, Alabama, presents a compelling investment opportunity. The 1.29-acre lot boasts approximately 193 feet of frontage along the heavily trafficked US Highway 231, offering unparalleled visibility for any commercial venture. With a total area of 56,192 square feet, the property is zoned B-2, permitting a wide range of commercial uses, excluding fireworks stands and gas stations. The asking price is $230,000, translating to $4.09 per square foot. A significant advantage is the existence of an adjacent 60-foot wide access easement, potentially eliminating the need for a curb cut on Highway 231. The property's strategic location between Raceway and Big Daddy's Fireworks ensures high visibility and accessibility. The 2022 Annual Average Daily Traffic (AADT) count for this section of US Highway 231 was 31,276 vehicles, indicating substantial potential customer traffic. Possession is immediate, allowing for swift development and occupancy. Ideal uses include retail, commercial, or even a car lot. This is a rare opportunity to acquire a prime commercial parcel in a high-growth area. The property's dimensions are approximately 193 feet by 300 feet. This is an exclusive listing.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wetumpka
- County
- Elmore
- State
- Alabama
- Longitude
- -86.191
- Latitude
- 32.4636
