This exceptional 31-acre commercial land parcel presents a remarkable development opportunity in the thriving Auburn/Opelika MSA, Alabama. Located on Gateway Drive in Troy, Lee County (zip code 36081), the property boasts approximately 2,061 feet of frontage along a major thoroughfare with an estimated 35,000 average annual daily traffic (AADT). Its strategic location offers unparalleled access to a significant consumer base. The site is situated less than a mile from Interstate 85 (AADT ~58,687), providing convenient regional connectivity. Furthermore, its proximity to TigerTown (less than one mile), a popular destination attracting over 9.9 million annual visitors, and Auburn University (approximately 6 miles), a large and rapidly growing university with over 28,000 students and 5,500 employees, ensures high visibility and substantial potential for retail success. The area demonstrates strong demographics, with an average household income of approximately $87,402. The property is zoned PUD (Planned Unit Development), offering flexibility for a variety of commercial development projects. Its location also benefits from its proximity to major cities, approximately 59 miles from Montgomery, AL, and 103 miles from Atlanta, GA. This is an ideal investment for developers seeking a high-traffic, high-growth location in a dynamic market.
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.
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.