2 Pierce Rd Phenix City, AL 36867
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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