Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway 431 Eufaula, AL 36027

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Highway 431 Eufaula, AL 36027

    View on Map
    • Land
    • 2.48 lot acres
    For Sale
    $290,000
    View Listing →
    Eufaula Commercial Land - 2.48 Acres For Sale
    $290,000

    Eufaula Commercial Land - 2.48 Acres

    High-traffic Hwy 431 commercial land. Huge potential!

    0 Highway 431, Eufaula, AL 36027
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 431

    Lot size
    2.48 lot acres
    Property type
    Land

    Description

    This exceptional 2.48-acre commercial land parcel presents a remarkable investment opportunity in Eufaula, Alabama. Strategically located on Highway 431 North in Bakerhill, this property boasts high visibility and significant traffic flow, ensuring maximum exposure for any commercial venture. Underground utilities, including power and city sewage, are already in place, simplifying development and reducing upfront costs. Six existing power hookups, some with concrete slabs, are currently available, along with additional interior spaces offering further sewage hookup potential. The property's history includes the successful operation of a mobile home park, with the potential to accommodate numerous units. Currently, one owner-occupied mobile home is on the property under a monthly lease, generating immediate income. Proximity to several boat ramps, Creektown Park, and Lakepoint State Park adds to the property's appeal, making it ideal for a variety of commercial uses, including an RV park or mobile home community. A schematic of the power and sewage line survey is available for review. Furthermore, the existing advertisement sign on the property provides an additional revenue stream. This property offers unlimited potential for a substantial return on investment. The property is zoned for commercial use and is located in Barbour County, Alabama, zip code 36027.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eufaula
    County
    Barbour
    State
    Alabama
    Longitude
    -85.1687
    Latitude
    31.9693

    Comparable in this City

    • Value Estimation by Request
      0.85 Acres

      17 Clark Hill Dr

      Land • 0.85 Acres
      17 Clark Hill Dr, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      11.00 Acres

      Highway 431

      Agricultural land / Farmland • 11.00 Acres
      0 Highway 431, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      0.51 Acres

      9 Cypress Cove Dr

      Land • 0.51 Acres
      9 Cypress Cove Dr, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      6.00 Acres

      1997 Eufaula Ave

      Flex space • 261,360 SF
      1997 Eufaula Ave, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      1.87 Acres

      15 Clark Hill Dr

      Land • 1.87 Acres
      15 Clark Hill Dr, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      0.93 Acres

      11 Sunrise Dr

      Land • 0.93 Acres
      11 Sunrise Dr, Eufaula, AL 36027
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Unrestricted Acre with Concrete Building

      One acre property with concrete building near Eufaula, Alabama.
      1 +/- Ac Old Sardis Church Rd, Eufaula, AL 36027
      View Details
    • $978,750
      261.00 Acres

      Versatile Land Near Eufaula, AL

      261-acre tract with recreation, timber value, and development potential.
      Al Hwy 82, Eufaula, AL 36027
      View Details
    • $290,000
      2.48 Acres

      Eufaula Commercial Land - 2.48 Acres

      High-traffic Hwy 431 commercial land. Huge potential!
      0 Highway 431, Eufaula, AL 36027
      View Details
    • $457,500
      122.00 Acres

      Prime Land Near Eufaula, AL

      122 acres with timber, recreation, and development potential.
      Al Hwy 82, Eufaula, AL 36027
      View Details
    • Contact for pricing
      0.83 Acres

      Unrestricted Land Near Eufaula, AL

      Unrestricted 0.83-acre land, 6 miles from Eufaula, Alabama.
      Old Sardis Church Rd, Eufaula, AL 36027
      View Details
    • $532,000
      144.00 Acres

      Versatile Land with Development Potential

      144 acres in Eufaula, AL, ideal for recreation and development.
      Al Hwy 82, Eufaula, AL 36027
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 431
    Eufaula, AL 36027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!