125 Pike Rd Falkville, AL 35622
This exceptional 6.9-acre commercial land parcel in Falkville, Alabama, presents a remarkable investment opportunity. Located near Interstate 65's exit on East Pike Road (Highway 55), this flat, easily accessible site boasts Interstate Corridor Commercial zoning. Public utilities are readily available, simplifying development and reducing costs. The property's prime location ensures high visibility and convenient access for businesses relying on significant traffic volume. Its flat topography further streamlines development, minimizing potential challenges and expenses. The Interstate Corridor Business District zoning allows for a wide range of commercial uses, including retail establishments, restaurants, hotels, office buildings, service stations, warehousing, and distribution centers. This property's size, location, and existing infrastructure make it ideal for various commercial developments. The parcel is identified by APN numbers 2303060200010.000, 2303060200011.000, and 23030602000012.000. The asking price is $2,000,000. This is a rare opportunity to acquire a strategically located commercial property with significant development potential.
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.