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    Trojan Pkwy Troy, AL 35081

    • Land
    • 2.47 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Trojan Pkwy

    Lot size
    2.47 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.9539
    Latitude
    31.7794
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    Trojan Pkwy
    Troy, AL 35081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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