Montgomery County – I85 exit at Waugh

Active

$924,000

I-85 at the Pike Road Exit on US Hwy 80 East
Pike Road, Alabama

MLS: Information Package


Description

I-85 Commercial

 

LOCATION:        I-85 at the Pike Road Exit on US Hwy 80 East

SIZE:                     1.41 acres or 61,600 SF.  258’ wide x 250’ deep

TERRAIN:           Level and at street grade

LAND USE:         Vacant land for commercial use

Zoning:             B-2 (General Business)

LEASE RATE:    $6,000/ month ground lease

Traffic Count:      42,360 (2015) cars per day on I-85;

COMMENTS: This property is in the path of growth as The Town of Pike Road continues to boom! Property is located on a heavy corridor along I-85 between Montgomery-Auburn-Atlanta. The median family income is almost double that of the state average. Residential growth has been solid as new city schools are creating a draw. The town of Pike Road in Montgomery County had the fastest growth rate of any municipality in Alabama from mid-2013 to mid-2014, per the U.S. Census Bureau. It is a great site for a restaurant or a budget hotel. Owner prefers to ground lease the property.

Details
Address:I-85 at the Pike Road Exit on US Hwy 80 East
City:Pike Road
County:Montgomery
State:Alabama
Acres:1.41 acres +/-