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Property profile & analytics
OFF-MARKET
Land

Highway 21 Monroeville, AL 36460

Property ID
Property summary
AI-generated overview

±10 acres (all or part) available for sale on Hwy 21 in Monroeville, AL next to the Walmart Supercenter, the only Walmart SC in a 25 mile radius. Cross access drives with Walmart are already in place. Owner will subdivide land. Potential Lot Breakdown: Lot 1 1.9 ± AC Up to 15,600 SF $200,000 Lot 2 0.8 ± AC Up to 3,700 SF $150,000 Lot 3 1.5 ± AC Up to 3,000 SF $250,000 Lot 4 1.0 ± AC Up to 8,000 SF $100,000 Lot 5 3.6 ± AC Up to 33,000 SF $150,000 Monroeville is the county seat of Monroe County, Alabama, and has recently experienced significant economic development. Some of the recent developments include Sterling Packaging moving their Canadian operations to a 60,000 SF facility in Monroeville Industrial Park, Monroe County Hospital completing an addition to their Physicians' Clinic and a $4.2 million renovation to their Emergency Room and Oncology Department, and Rose's opening in a 12,000 SF building on the Highway 21 bypass. Monroeville is also home to Gate Precast, a precast concrete production company that is one of the city's major employers, and to Coastal Alabama Community College's beautiful 100-acre campus, and to Monroeville Downtown Historic District, which has been listed on the National Register of Historic Places since 2009. Stirling Properties has obtained this information from sources it believes to be reliable and believes the information to be correct. No representations or warranties, expressed or implied, are made as to the accuracy or reliability of this information. The recipient bears responsibility for verification of the information contained herein and bears all risk for any accuracy.

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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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