Mixed-Use
54 AC Mixed-Use Development Site
US-80 W, Phenix City, AL 36869
Listing Price: $6,750,000
Investment Overview
Marcus & Millichap is pleased to present for sale, this ground-up development site located within Russell County in the Columbus, Georgia metropolitan area. The property is approximately 54 acres and offers 1,400 feet of frontage on US Highway 80 West in the growing market of Phenix City, Alabama. With sanitary sewer available at the site, commercial zoning and desirable topography, the site offers a development team the opportunity to execute a fast-track project. The site is poised for a state-of-the-art mixed-use retail and build-to-rent neighborhood development that will benefit from the growth pattern already in place in the southeastern states of Georgia and Alabama. A recently built Walmart is located a half mile west of the site and enjoys about 1,000,000 shoppers annually. A 10-mile radius provides access to the Columbus Airport, a population of 220,960 and serves the personnel of Fort Moore and Fort Mitchell.
54 AC Mixed-Use Development Site
Investment Highlights
- Metro Columbus, GA | Site located to the west of and within a 6-mile radius of Columbus, GA | +4,200 commercial buildings of all product types and classes within this radius
- Desirable Development Concept | Zoned for 250 apartments and 50 single-family residential units with 12+ acres grocery-anchored retail
- Flexibility | Possibility for townhomes and single-family homes as "build-to-rent" product
- Excellent access | 1,400 feet frontage on US Highway 80 West with traffic counts of over 24,000 vehicles per day
- Strong Demographics | Average household income over $65,600 in 10-mile radius | Area serves the personnel of Fort Moore and Fort Mitchell
Broker of Record
Financing By
Listing Price: $6,750,000
Investment Highlights
- Metro Columbus, GA | Site located to the west of and within a 6-mile radius of Columbus, GA | +4,200 commercial buildings of all product types and classes within this radius
- Desirable Development Concept | Zoned for 250 apartments and 50 single-family residential units with 12+ acres grocery-anchored retail
- Flexibility | Possibility for townhomes and single-family homes as "build-to-rent" product
- Excellent access | 1,400 feet frontage on US Highway 80 West with traffic counts of over 24,000 vehicles per day
- Strong Demographics | Average household income over $65,600 in 10-mile radius | Area serves the personnel of Fort Moore and Fort Mitchell
Investment Overview
Marcus & Millichap is pleased to present for sale, this ground-up development site located within Russell County in the Columbus, Georgia metropolitan area. The property is approximately 54 acres and offers 1,400 feet of frontage on US Highway 80 West in the growing market of Phenix City, Alabama. With sanitary sewer available at the site, commercial zoning and desirable topography, the site offers a development team the opportunity to execute a fast-track project. The site is poised for a state-of-the-art mixed-use retail and build-to-rent neighborhood development that will benefit from the growth pattern already in place in the southeastern states of Georgia and Alabama. A recently built Walmart is located a half mile west of the site and enjoys about 1,000,000 shoppers annually. A 10-mile radius provides access to the Columbus Airport, a population of 220,960 and serves the personnel of Fort Moore and Fort Mitchell.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
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