1288 Us-231Troy, AL 36081
- Residential income properties
- 67.00 AC
Property Details for 1288 Us-231
- Lot size
- 67.00 AC
- Property type
- Residential income properties
- Property subtype
- Other land
Description
This exceptional 67-acre residential development site in Troy, Alabama, presents a unique investment opportunity. Located conveniently off Highway 231 N, near Troy's vibrant downtown area, this property boasts fully approved zoning and entitlements for 119 residential lots. All utilities are readily available on-site. The strategic location offers easy access to Troy University, a significant population driver, and is within close proximity to major employers including the new Rex Lumber site, Kimber Guns corporate headquarters, and the upcoming Conecuh Brands Distillery. Lockheed Martin's recent expansion further underscores Troy's robust economic growth. The city itself offers a blend of small-town charm and urban amenities, including a thriving downtown square. This property is ideally suited for residential development, capitalizing on Troy's expanding population and economic vitality. The seller is open to flexible financing and purchase terms to facilitate a smooth transaction for the right developer. The property is situated in Pike County, Alabama, with a zip code of 36081. The asking price is $2,600,000, translating to $38,806 per acre. This represents a compelling opportunity to acquire a significant land parcel in a rapidly growing market. The property is offered fee simple.
Location Insight
- City
- Troy
- County
- Pike
- State
- Alabama
- Latitude
- 31.7809
- Longitude
- -85.9474
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].