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Property profile & analytics
OFF-MARKET
Land

14 Of Hwy Tallassee, AL 36078

1.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.35-acre commercial land parcel is strategically located directly on Highway 14 in Tallassee, Alabama, offering unparalleled visibility. Zoned HC- Highway Commercial, this property boasts an advantageous location with approximately 14,000 average annual daily traffic counts. The asking price is $319,000, translating to $8.08 per square foot. Tallassee, a growing community with a population of 5,199 and a 6.1% population increase since 2020, provides a strong local market. The property's proximity to significant recreational areas further enhances its appeal. It's situated approximately 15 miles from Lake Martin, a 44,000-acre reservoir with over 750 miles of shoreline, and approximately 25 miles from both Lake Jordan (6,800 acres) and the city of Montgomery, Alabama's second-most populous city with a population of 200,603 in 2020. Additionally, it's about 17 miles from Wetumpka, the county seat of rapidly growing Elmore County. This prime location presents a unique opportunity for businesses seeking high visibility and access to a thriving regional market. The land's Highway Commercial zoning allows for a wide range of commercial uses, making it an ideal investment for developers and entrepreneurs alike.

Property profile
Verified
Property type Land
Lot 1.35 ac (58,806 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
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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