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Property profile & analytics
OFF-MARKET
Commercial real estate

2 Pierce Rd Phenix City, AL 36867

0.67 ac lot Built 2018
Property ID
US03-1057154
Property summary
AI-generated overview

This 0.67-acre lot, located at 2 Pierce Road in Phenix City, Alabama, presents a unique investment opportunity. Built in 2018, this special-purpose property boasts excellent visibility and accessibility, situated directly on US Highway 280/431 and Pierce Road. Its prime location in rapidly developing North Phenix City, adjacent to Home Depot and near the Russell County-Lee County line, ensures high traffic volume and exposure. The property's versatility allows for a wide range of commercial uses, including but not limited to office spaces (insurance, legal, medical, accounting), restaurants, and retail establishments. Recent improvements include the repaving of Pierce Road connecting directly to Highway 280/431, enhancing accessibility and visibility. This exceptional location offers significant potential for substantial return on investment in a thriving commercial corridor. The asking price is $395,000. The property consists of one building on a 0.67-acre lot. This is an exceptional opportunity to capitalize on the area's robust growth and development.

Property profile
Verified
Property type Commercial real estate
Year built 2018
Lot 0.67 ac (29,185 SF)
UPID US03-1057154
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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