1997 Eufaula Ave Eufaula, AL 36027
This exceptional six-acre waterfront property in Eufaula, Alabama, presents a unique redevelopment opportunity. Located at 1997 S Eufaula Ave., this vacant land boasts a highly desirable location adjacent to Highway 431 and across from Barbour Creek, ensuring high visibility and significant daily traffic of approximately 32,000 vehicles. The gently sloping terrain leads to the water's edge, featuring an existing sea wall. Zoned COMMERCIAL, this 261,360 square foot parcel (APN 24030820010470000) offers immense potential for various commercial and residential developments. Possible uses include, but are not limited to, a motel, restaurant, multi-family housing, apartment complex, cottages, boat sales, and storage facilities. The asking price is $2,195,000, translating to $8.40 per square foot. This is a rare chance to acquire a substantial waterfront tract in a thriving area with excellent access and high traffic counts. The property is being offered for sale by owner. Serious inquiries only.
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
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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.