0 Trojan Pkwy Troy, AL 35081
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.