19527 Al-127 Athens, AL 35614
This exceptional 1.2-acre property presents a remarkable development opportunity in Athens, Alabama. Strategically located at 19527 AL-127, this unzoned lot boasts high visibility due to its prime corner location on Highway 127 and Sugar Hill Lane. The expansive 1.2-acre parcel offers significant flexibility for a diverse range of development projects. One acre is situated directly on the corner, maximizing exposure and accessibility. The property's unrestricted zoning allows for a multitude of uses, including single-family residential, multi-family residential, commercial ventures, and even industrial applications. This versatility makes it an ideal investment for developers seeking a blank canvas to create a profitable project. Existing infrastructure is readily available, with electricity, gas, water, and sewer services already connected to the property. The asking price is $150,000. The potential for expansion exists, with the possibility of acquiring additional acreage adjacent to the current lot. This is a rare opportunity to acquire a large, versatile parcel in a growing area. Don't miss this chance to capitalize on the potential of this prime location.
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.