161 University Dr Auburn, AL 36832-5889
This exceptional 5.9-acre commercial land parcel (Tract 1), priced at $2,822,252, presents a prime development opportunity in Auburn, Alabama. Located at 161 E University Dr, Auburn, AL 36832 (APN: 43 19 01 01 0 000 006.000), this property boasts 1,398 feet of road frontage along East University Drive, directly east of the signalized intersection of East University Drive and South College Street. Tract 1 shares a western property line with the Clarion Inn & Suites University Center and is bordered to the east by an existing drainage easement. An adjacent 2.6-acre portion of Tract 2 is available for purchase *only* in conjunction with Tract 1, bringing the total acreage to approximately 8.5 acres and the combined price to $3,600,000. This 2.6-acre portion shares a western property line with the existing drainage easement and an eastern property line with The Hughston Orthopedic Clinic. The exact property lines will be determined by survey. The property's CDD zoning allows for diverse commercial uses, including hotels, self-storage facilities, and multi-family developments. Its proximity to Auburn University and readily available utilities (water and sewer) further enhance its appeal. AutoCAD files are available for site planning. High traffic counts of 9,247 vehicles ensure excellent visibility and accessibility. This is an exceptional opportunity for developers seeking a strategic location with significant potential.
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Matt Stewart, MD Physician
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Terry Glenn C MD Physician
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Jeffrey Leatherman Physician
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Collins Kevin J MD Physician
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Mostak Richard G MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.