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US-431 0.84 Acres of Commercial Land Offered at $250,000 in Roanoke, AL 36274

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INVESTMENT HIGHLIGHTS

  • Frontage on the busy US Highway 431.
  • Large Parking Field with Great Access.
  • ±12,000 VPD on US 431.
  • Excellent Visibility on Main Area Thoroughfare.
  • Rapidly Growing Area.

EXECUTIVE SUMMARY

0.84 acre outparcel lot located within an 87,000 SF neighborhood retail center in Roanoke, Alabama. Excellent position directly off of the full access US Highway 431 and less than 10 miles from the Georgia state line. National retail tenants including Tractor Supply Co., Hibbett Sports, and Badcock Furniture.

PROPERTY FACTS

Price $250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • Restaurant
Total Lot Size 0.84 AC
No. Stories 1
Opportunity Zone Yes
Zoning C-1 - Commercial

1 LOT AVAILABLE

Lot 4

Price $250,000
Price Per AC $297,619.05
Lot Size 0.84 AC

+/- 0.84 AC outparcel for sale.

DESCRIPTION

Positioned along the high-visibility corridor of US Highway 431 in Roanoke, Alabama, the Bonner Point Shopping Center outparcels offer a compelling investment opportunity in a rapidly growing market. These two parcels—0.46 acres and 0.84 acres—are ideally situated adjacent to a signalized intersection and benefit from direct frontage on a major thoroughfare with traffic counts exceeding 12,000 vehicles per day. The parcels are part of a vibrant 86,979-square-foot neighborhood retail center anchored by national tenants including Tractor Supply Co., Hibbett Sports, and Badcock Furniture. With utilities already in place (water, sewer, electric, and gas), and zoning approved for retail and commercial development, these sites are primed for immediate activation. The center features a large parking field and excellent ingress/egress, enhancing accessibility for future tenants or customers. Located less than 10 miles from the Georgia state line, Roanoke serves as a strategic gateway to regional markets including Columbus, Montgomery, and Atlanta. The surrounding area is home to over 374 businesses within a 5-mile radius, with a daytime population of 8,167 and a median household income of $43,074. The parcels are well-suited for freestanding retail, QSR, medical, or service-oriented uses seeking exposure in a high-traffic retail corridor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-07-36-3-002-001-0010
Land Assessment
$43,360
Improvements Assessment
$187,840
Total Assessment
$231,200
  • Listing ID: 34332824

  • Date on Market: 12/31/2024

  • Last Updated:

  • Address: US-431, Roanoke, AL 36274

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