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Property profile & analytics
OFF-MARKET
Flex space

1997 Eufaula Ave Eufaula, AL 36027

261,360 SF 6 ac lot
Property ID
US03-1581390
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Total area 261,360 SF
Lot 6 ac (261,360 SF)
APN 24030820010470000
UPID US03-1581390
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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