Ala Ave Monroeville, AL 36460
- Retail properties
- 1,873 SF
- 0.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Ala Ave
- Year built
- 1966
- Lot size
- 0.80 lot acres
- Property size
- 1,873 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents ±10 acres of land for sale, strategically located on South Alabama Avenue in Monroeville, Alabama. The property boasts a prime location directly across from a Walmart Supercenter, the only one within a 25-mile radius, ensuring high visibility and significant foot traffic. The seller will subdivide the land, offering flexible options for various development projects. Several parcels are available, ranging from approximately 0.8 acres to 1.9 acres, with potential building sizes ranging from 3,700 square feet to 15,600 square feet. Individual lot pricing varies, with options starting at $100,000. The property features a single-story building constructed in 1966, totaling 1,873 square feet, currently leased until August 19, 2025. The property is zoned for retail, office, medical office, and self-storage uses, providing versatility for a range of businesses. Monroeville, the county seat of Monroe County, is experiencing robust economic growth, evidenced by recent developments such as the expansion of Monroe County Hospital and the relocation of Sterling Packaging. This thriving community, home to Gate Precast and Coastal Alabama Community College, offers a strong foundation for a successful commercial venture. The property's APN is 26061400010010040. Cross street access is available via Plant Drive. This is an unparalleled chance to capitalize on the growth of Monroeville and its strategic proximity to a major retail anchor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroeville
- County
- Monroe
- State
- Alabama
- Longitude
- -87.3197
- Latitude
- 31.4958
