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Property profile & analytics
OFF-MARKET
Land

5011 Eulaton Rd Anniston, AL 36201

2.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.1-acre commercial land parcel presents a unique investment opportunity. Located adjacent to a Dollar General in Anniston, Alabama, this fee-simple property boasts a prime location near the intersection of Eulaton Road (approx. 13,733 vehicles per day) and Bynum Leatherwood Road (approx. 10,211 vehicles per day). The property's proximity to the Anniston Army Depot and downtown Anniston, coupled with Calhoun County's lack of zoning ordinances, allows for versatile commercial development or adaptive reuse. This established residential area benefits from strong demographics, with a population of approximately 34,523 and an average household income of approximately $51,603 within a 5-mile radius. The property's convenient location, 4 miles west of downtown Anniston and along Interstate 20, ensures excellent access to major Southeast markets. The presence of Jacksonville State University and significant healthcare facilities further enhances the area's economic vitality. This property is being offered via an absolute $1 auction with no reserve, taking place August 19-21, 2024. The APN is 22-02-10-0-002-072.000. This is a rare chance to acquire a significant land holding in a thriving Alabama community. The auction provides a first-bid-meets-reserve opportunity.

Property profile
Verified
Property type Land
Lot 2.1 ac (91,476 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
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Western Union Bank Credit Union
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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