I-65 Exit 96 Evergreen, AL 36401
This exceptional 23.61-acre commercial land parcel presents a prime development opportunity at I-65 Exit 96 in Evergreen, Alabama (zip code 36401). Located in Conecuh County, this strategically positioned property boasts high visibility and accessibility, with an estimated 30,000 vehicles passing daily (2019 data), significantly increasing during peak seasons. The site is ideally situated within a central transportation hub of South Alabama, providing easy access to major cities like Montgomery and Mobile, and offering convenient routes to the Florida Panhandle beaches. One existing retail building is available for immediate occupancy, and a complete site plan for future retail development is in place. The property is divisible into smaller lots, allowing for flexible development options. Evergreen, known as the "Emerald City," is experiencing continued economic growth and offers a lower cost of living, coupled with a wide array of amenities attractive to businesses. Significant state and local tax incentives are available, including benefits under the Favored Geographic Area, Alabama Renewal Communities Program, and the USDA Rural Community Development Initiative. The area also benefits from the presence of Reid State Technical College across I-65 and the annual Conecuh Sausage Festival held at the Evergreen Regional Airport. This is a rare opportunity to capitalize on the growth potential of this thriving Alabama community. Contact us for pricing and detailed information.
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.