389 Co Rd Courtland, AL 35618
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.