2040 College St Auburn, AL 36832
This exceptional 8.14-acre parcel, situated at 2040 S College St in Auburn, Alabama (zip code 36832), presents a remarkable investment opportunity. Boasting over 200 feet of frontage on the highly trafficked South College Street, this property offers unparalleled visibility and accessibility. The SCCD (South College Corridor District) zoning permits a wide range of commercial uses, including but not limited to convenience stores, gas stations, shopping centers, restaurants, offices, hotels/motels, and self-storage facilities. The strategic location provides two convenient access points: one directly from South College Street and another from Lake Road, enhancing both customer and operational convenience. The asking price for this expansive property is $2,225,000. Its prime location in Lee County, Alabama, coupled with its versatile zoning and substantial size, makes it an ideal site for a variety of commercial ventures seeking high visibility and significant foot traffic in a thriving Auburn market. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.