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Property profile & analytics
OFF-MARKET
Land

0 Trojan Pkwy Troy, AL 35081

2.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.47-acre commercial lot in Troy, Alabama, presents a remarkable investment opportunity. Located in Troy's premier retail center, this property boasts unparalleled visibility and accessibility at the intersection of George Wallace Drive and US Hwy 231, experiencing an average daily traffic count of 18,370 vehicles. The site is zoned CITY OF TROY, C4 HWY COMMERCIAL, and features readily available water, sewer, and power. The lot is essentially "shovel ready," with the entitlement process initiated in 2021. Comprehensive due diligence materials, including a survey, geotechnical report, market feasibility study, and civil drawings, are complete, streamlining the development process. This prime location benefits from its proximity to a Publix supermarket, ensuring high foot traffic and consumer visibility. Troy's thriving economy, fueled by major employers such as Troy University, Lockheed Martin, Sikorsky Aircraft, Kimber Firearms, Walmart Distribution, CGI Group, and Wiley S&ERS Trucking, contributes to a stable and attractive market. The property's APN is 55 17 02 04 3 009 001.013. The asking price for this exceptional opportunity is $749,500.

Property profile
Verified
Property type Land
Lot 2.47 ac (107,593 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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