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Redevelopment Opportunity at 1-85 & Hwy 431 1002 Columbus Pky 100 Room Hotel Opelika, AL 36801 $5,025,312 CAD ($50,253 CAD/Room)
INVESTMENT HIGHLIGHTS
- Strategic Location: Corner of I-85 and Hwy 431
- Over 60,000 vehicles/day
- Former hotel site ready for redevelopment
- High-visibility site with excellent access
- Opelika named one of Alabama’s fastest-growing cities
EXECUTIVE SUMMARY
Opelika, AL has been recognized as one of the fastest-growing cities in Alabama. It has also earned national accolades, being named a "Best Small City for Business" by the U.S. Chamber of Commerce and one of the "South’s Best Cities" by Southern Living, according to the Opelika Chamber. This redevelopment opportunity, formerly a hotel, is ideally positioned to capitalize on the city’s rapid growth. Located at the high-traffic intersection of I-85 and Highway 431, the property offers exceptional visibility, with over 60,000 vehicles passing by daily.
PROPERTY FACTS
| Price | $5,025,312 CAD | Building Size | 38,888 SF |
| Price Per Room | $50,253 CAD | No. Rooms | 100 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1972 |
| Property Subtype | Hotel | Parking Ratio | 2.83/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 3.00 AC | ||
| Zoning | OP | ||
| Price | $5,025,312 CAD |
| Price Per Room | $50,253 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 38,888 SF |
| No. Rooms | 100 |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Exterior |
| Zoning | OP |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 100 | $61.42 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 10-02-09-3-000-007.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $491,875 CAD |
PROPERTY TAXES
Parcel Number
10-02-09-3-000-007.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$491,875 CAD
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Redevelopment Opportunity at 1-85 & Hwy 431 | 1002 Columbus Pky
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