246 Lake Street - 0 Lake Street Development Parcel 27.5 Acres of Commercial Land Offered at $4,125,000 in Auburn, AL 36832

For Sale | ±27.5 Acres | Lake Street, Auburn, AL 36830
Asking Price: $4,125,000
Zoning: CDD (Comprehensive Development District)
This ±27.5-acre site presents a rare opportunity in the heart of Auburn’s primary commercial corridor. Strategically located just off South College Street (U.S. Hwy 29), the property sits behind Extra Space Storage and across from Holiday Inn and Taco Bell, offering both visibility and unmatched accessibility.
Property Highlights
±27.5 acres with paved road entry
Utilities nearby/on site
Daily traffic counts:
South College Street: ±31,000 VPD
Interstate 85: ±53,000 VPD
Location Advantages
Just off I-85 Exit 51, Auburn’s main gateway from the interstate
Minutes from Downtown Auburn and Auburn University
Surrounded by strong national brands and steady commercial growth
Excellent accessibility and visibility along one of Auburn’s most traveled corridors
Market Overview
The Auburn/Opelika metro is one of Alabama’s fastest-growing areas, with a 17.1% population increase since 2010. The region benefits from a strong workforce fueled by Auburn University, a business-friendly environment, and a diverse economy spanning retail, hospitality, industrial, healthcare, and technology. The area’s high quality of life, affordable cost of doing business, and prime connectivity to Atlanta, Birmingham, and Montgomery make it an ideal location for development.
Development Potential
With CDD zoning, direct proximity to I-85, and daily exposure from tens of thousands of vehicles, this property is well-suited for:
Hospitality
Retail or mixed-use projects
Office and professional services
This combination of size, location, and visibility makes the site a premier opportunity for developers and investors looking to capitalize on Auburn’s rapid economic and population growth.
Contact:
Cole Maxwell, Associate Broker
Mobile: 334-707-8402
Email: colemaxwell707@gmail.com