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Property profile & analytics
OFF-MARKET
Land

431 No Phenix City Al 36867 Phenix City, AL 36867

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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