8 Pierce Rd Phenix City, AL 36867
This exceptional 1-acre commercial lot, located at 8 Pierce Road in Phenix City, Alabama, presents a unique investment opportunity. Built in 2019, this property boasts a highly desirable location adjacent to Home Depot and US Highway 280/431 in the rapidly developing northernmost section of Russell County, near the Lee County line. The property's strategic position offers excellent visibility and accessibility, with frontage on both US Highway 280/431 and Pierce Road. Recent improvements include the repaving of Pierce Road to Highway 280/431, enhancing connectivity and accessibility. The area is experiencing significant growth, making this a prime location for a diverse range of commercial ventures. Potential uses include, but are not limited to, professional offices (insurance, legal, accounting, medical), restaurants, and retail establishments. The asking price is $420,000. This is an exceptional opportunity to capitalize on the burgeoning commercial development in this high-traffic area of Phenix City. The property's one-building structure offers flexibility for a variety of commercial uses. Don't miss this chance to secure a prominent location in a thriving market. The zip code is 36867.
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.