913 Sr-113 Flomaton, AL 36441
This exceptional 37-acre commercial development site in Flomaton, Alabama, presents a unique investment opportunity. Located on SR-113, a four-lane highway providing easy access to Interstate-65 and Northwest Florida, this property boasts over 1,500 feet of paved road frontage. Previously a racetrack, the site features a flat topography requiring minimal site preparation, making it ideal for immediate development. Easy big-rig access is available throughout the entire property. Existing improvements include a 50' x 30' metal building suitable for office space and a cabin previously used as a concession stand. Utilities are on-site, and the property is conveniently located within the city limits of Flomaton, Escambia County, Alabama (zip code 36441), approximately 12 miles from Interstate-65 (Exit 69). The property's APN is 302405223003001.000, 302405223002001.000. This site offers significant potential for commercial or industrial development, presenting a compelling opportunity for investors seeking a strategically located, ready-to-develop property. The asking price is $699,900.
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.