431 No Phenix City Al 36867 Phenix City, AL 36867
This exceptional 7-acre commercial land parcel presents a remarkable investment opportunity in the heart of Phenix City, Alabama. Located on US 431 NO, 36867, this property boasts a highly desirable location with excellent visibility and accessibility. The asking price is $950,000, translating to $135,000 per acre, reflecting the significant potential for development. The land is conveniently situated near a shopping center, providing easy access from the south. Given its prime location and high traffic volume, this site is ideally suited for a variety of commercial ventures. The marketing materials suggest the property is particularly well-suited for an apartment complex, capitalizing on the strong demand for housing in the area. However, the versatility of this large parcel allows for a wide range of development possibilities, catering to diverse commercial needs. This is a rare chance to acquire a substantial piece of land in a thriving Alabama city, offering significant returns for the discerning investor. The property's location in Russell County ensures access to a robust infrastructure and a growing community. This is a truly exceptional opportunity to build and thrive in a dynamic and rapidly developing market. Don't miss this chance to secure a prime piece of Phenix City real estate.
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
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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.