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1002 Columbus PkwyOpelika, AL 36801

Prime Hotel/Motel Conversion, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3.46-acre property located at 1002 Columbus Parkway in Opelika, Alabama, presents a unique redevelopment opportunity. Currently configured as a multi-building hospitality site (hotel/motel) with four buildings and two stories, it boasts 104 keys and is zoned for commercial use. The property's strategic location offers high visibility and significant traffic exposure, with an estimated Average Annual Daily Traffic (AADT) of approximately 22,911 vehicles. This makes it an ideal site for a variety of commercial ventures. The existing infrastructure provides a solid foundation for a seamless conversion into apartments, capitalizing on the growing demand for housing in the area. The substantial lot size allows for flexibility in design and development, accommodating a large-scale project. This is a rare chance to acquire a well-positioned property in Lee County, Alabama, with immense potential for significant return on investment. The property's existing buildings, while currently used as a hotel/motel, offer a cost-effective starting point for redevelopment, minimizing initial demolition costs. This prime location in Opelika offers easy access to major transportation routes and local amenities, making it an attractive proposition for both residents and businesses. The permitted commercial zoning ensures a wide range of development possibilities, allowing for creative and profitable ventures. This is a truly exceptional opportunity for investors seeking a high-impact redevelopment project in a thriving Alabama market.

Highlights

  • 104-key hospitality property in Opelika, Alabama, suitable for redevelopment.
  • Four buildings on a 3.46-acre lot.
  • Two-story structures with commercial zoning.
  • High-visibility location with approximately 22,911 AADT traffic count.
  • Potential for apartment conversion.

Property Details for 1002 Columbus Pkwy

Property type
Hospitality properties, Motels
Buildings
4
Stories
2
Lot Size (sq. ft)
150,718 SF

Location Insight

City
Opelika
County
Lee
State
Alabama
Latitude
32.6446704
Longitude
-85.3539771
1002 Columbus Pkwy, Opelika, Alabama

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1002 Columbus Pkwy
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