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1207 Columbus Pkwy Opelika, AL 36804-5945

OFF-MARKET Commercial land Google Maps
23.9 ac lot
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US03-1597692

Property summary

AI-generated overview

This exceptional 0.76-acre commercial land parcel presents a unique investment opportunity in the thriving city of Opelika, Alabama. Located at 1207 Columbus Pkwy, this single-tenant property boasts a prime location within Lee County, offering excellent visibility and accessibility. The expansive lot size provides ample space for a variety of commercial developments, catering to diverse business needs. With its strategic positioning and significant acreage, this property is ideally suited for entrepreneurs and investors seeking to establish a strong presence in a dynamic market. The address, 1207 Columbus Pkwy, Opelika, AL 36804, ensures easy identification and convenient access for potential clients and employees. The property's classification as commercial land, coupled with its single-tenant designation, offers flexibility in development and management. The 0.76 acres provide a substantial footprint for building plans, allowing for significant square footage and ample parking or outdoor space. This is a rare opportunity to acquire a sizable commercial lot in a desirable location, promising substantial returns on investment. The property's location within Lee County, Alabama, offers access to a robust infrastructure and a growing economy. This makes it an attractive proposition for businesses seeking to expand or establish themselves in a thriving community. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 23.9 ac (1,041,084 SF)
APN 10-05-16-2-000-002-000
UPID US03-1597692

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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