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3 Acre Parcel, 9K Vpd

New Brockton, AL 36351

Coffee County, Alabama

3.14 Acres
Land Auction
June 26, 2024 12:00 PM
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Property Description

RI Marketplace Online Auction June 24-26, 2024.

Register to bid and access due diligence on Marketplace.

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±3.14-Acre land parcel located adjacent to 18341 Us-84 (the “Property”) in New Brockton, Alabama. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±3.14-Acre parcel situated adjacent to Dollar General with visibility on US Hwy 84 with traffic counts of ±8,179 vehicles per day and access and visibility on Tyler Street with traffic counts of ±1,025 vehicles per day. The Property benefits from proximity to a strong commercial node within this affluent residential community. The Property is less than a mile from Ben E Keith Food Distribution and New Brockton High School. The Property benefits from highly favorable C-2, Heavy Commercial zoning that allows for a wide variety of uses including retail and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

The Property is conveniently located less than a mile from downtown New Brockton within Coffee County. The city's proximity to major metropolitan areas such as Montgomery (84-Miles) and Panama City Beach, Florida (96-Miles), positions it as a prime destination for commercial development. The Property is strategically surrounded by numerous roof tops and is located in an area that serves ±45,750 people with an average household income of ±$74,566 within a 10-mile area. The population has experienced 10.51% growth from 2010-2023 with 3.64% growth expected to continue through 2028.

John Mickey Fowler

c/o Fisher Auction Company Inc.

License: Alsl466

Property Maps & Attachments

More Property Details

Commercial Zoning
Flat Terrain
Multiple Roads Access
Property Keywords
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