0 Us-80 Phenix City, AL 36870
This exceptional 54-acre tract in Phenix City, Alabama, presents a remarkable mixed-use development opportunity. Located on US Highway 80 West, the property boasts 1,400 feet of frontage and enjoys high visibility with over 24,000 vehicles passing daily. The Commercial Mixed-Use zoning permits a blend of retail and residential uses, including the potential for approximately 250 apartments and 50 single-family homes, along with over 12 acres for grocery-anchored retail development. The site's desirable topography and readily available sanitary sewer facilitate a streamlined development process. Its strategic location within the Columbus, Georgia metropolitan area offers access to a robust population of 220,960, including the personnel of Fort Moore and Fort Mitchell. A recently constructed Walmart, less than half a mile away, attracts over one million shoppers annually, underscoring the area's strong retail potential. The average household income within a 10-mile radius exceeds $65,600, indicating a strong consumer base. This property is ideally suited for a build-to-rent residential component, townhomes, or single-family homes, complementing the retail development. The Columbus Airport is conveniently located within a 10-mile radius. The property's APN is 05 04 18 02 001 002.000. This is a rare opportunity to capitalize on the growth trajectory of the Southeast, creating a thriving mixed-use community. The asking price is $6,750,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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