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Property profile & analytics
OFF-MARKET
Land

389 Co Rd Courtland, AL 35618

2.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.75-acre commercial land parcel presents a unique investment opportunity in Courtland, Alabama. Strategically located on Highway 20 and County Road 389, this property boasts significant road frontage, ensuring high visibility and accessibility for potential businesses. Situated within the Courtland city limits, the land is zoned for commercial use, simplifying the development process. The property offers access to three-phase power, a crucial element for many commercial ventures. Given the limited commercial development along this stretch of Highway 20, this site presents a compelling opportunity for businesses seeking a prime location with minimal competition. The absence of grocery stores and fast-food restaurants in Courtland highlights the potential for significant market penetration. This property is priced at $140,000 and is ready for development. The address is Co Rd 389, Courtland, AL 35618, in Lawrence County. All offers will be reviewed.

Property profile
Verified
Property type Land
Lot 2.75 ac (119,790 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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