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Dollar General Adjacent, 7K Vpd

Shorter, AL 36075

Macon County, Alabama

0.63 Acre
Land Auction
July 24, 2024 12:00 PM
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Land Description

RI Marketplace Online Auction July 22-24 2024.

Register to Bid on Marketplace.

Investment Highlights

±0.63 AC of Land Adjacent to Dollar General with 7,043 VPD Traffic Counts Passing Nearby

34% Population Growth from 2010-2023 and 7.53% Future Growth Anticipated (10-Mile radius)

Nearby National Retail include Days Inn, McDonald's, Love's Travel Shop, Popeye's, Exxon, Petro, Victoryland Casino, and More

Population of ±23,120 Individuals and Average Household Income of ±$103,595 (10-Mile Radius)

Flexible County Zoning for a Variety of General Commercial Uses & Activities

Absolute $1 Auction - NO Reserve

Offering Summary

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.63-Acre development opportunity located adjacent to 235 Main Street (the “Property”) in Shorter, Alabama. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property consists of a 0.63-Acre parcel adjacent to Dollar General near the intersection of Main Street with traffic counts of 7,043 vehicles per day and County Road 28. The Property is strategically located less than 0.5-Miles from the entrance to I-85 with traffic counts over 43,000 vehicles per day. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Days Inn, McDonald's, Love's Travel Shop, Popeye's, Exxon, Petro, Victoryland Casino, and more. Macon County does not have a zoning ordinance, making this site suitable for a variety of commercial uses via adaptive reuse or repositioning.

The Town of Shorter is located in Macon County between booming Montgomery, Elmore, and Lee counties. The city's strategic location along Interstate 85 (±43K Vpd), combined with its proximity to major metropolitan areas such as Montgomery (22-Miles) and Columbus, GA (60-Miles), positions it as a prime destination for commercial development. The Property benefits from strong demographics with a population of 23,120 residents and an average household income of $103,595 within a 10-mile radius. The population has experienced 34.10% growth from 2010-2023 with 7.53% growth expected to continue through 2028.

John Mickey Fowler, Auctioneer

Fisher Auction Company Inc.

License: Alsl466

Land Maps & Attachments

More Land Details

Commercial Zoning
Flat Terrain
Paved Road Access
AUCTIONFLIP ID
376329
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