604 Main St Atmore, AL 36502
This exceptional 2-acre commercial property in Atmore, Alabama, presents a remarkable investment opportunity. Located on heavily trafficked State Highway 21/N Main St, this level, partially cleared lot boasts approximately 534 feet of paved road frontage, ensuring excellent visibility and accessibility. The B-2 General Business zoning permits a wide range of uses, including retail, entertainment, office space, and multi-family dwellings. Its strategic location, just 1100 feet south of Atmore's Walmart Supercenter and 2100 feet south of a new Jack's Family Restaurant, guarantees high daily traffic counts of approximately 14,000 vehicles. The property's proximity to major amenities further enhances its appeal. It's conveniently located near two retail strip shopping centers, the WindCreek Hotel/RV Park/Casino/Spa, Little River State Forest, Magnolia Branch Wildlife Reserve, and the growing Historic Downtown District. All utilities are available. Atmore is experiencing significant growth, with recent investments exceeding $90 million, including new businesses such as Starbucks, a large peanut shelling plant, and a new urgent care facility. This property offers unparalleled potential for businesses seeking high visibility and access to a thriving community. The property's APN is 30-26-04-20-3-001-021.000, 30-26-04-20-3-001-019.000, 30-26-04-20-3-001-017.000. The asking price is $239,900, representing a price per acre of $119,950. There is additional acreage available for purchase.
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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