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1426 N Eufaula Ave - Ray Property 2.48 Acres of Commercial Land Offered at $399,620 CAD in Eufaula, AL 36027



Investment Highlights
- Underground Utilities
- Near parks
- High Traffic Count
Executive Summary
Prime commercial property located on the northside of Eufaula! This 2 1/2 acre property has huge potential and would make a GREAT INVESTMENT! With a high traffic count along busy Hwy. 431, you will be sure to get plenty of business. This property offers underground utilities with power in place as well as sewage hookup on site. It would make a great RV campground or mobile home park especially since you are just minutes away from several boat ramps, Creektown Park and Lakepoint State Park. The owner has 6 power hook ups already in place with some of those spaces offering a concrete slab. There is currently one mobile home (owner owned & occupied) placed on the property under a monthly lot lease. You also have interior spaces as well that offer more sewage hookups if so desired. The owner states that at one time in the 1970's, this property had 17 single wide mobile homes in place. There is unlimited potential offering a huge amount of return on your money. A schematic of the power and sewage line survey is on file. Also, the current advertisement sign is owned by the property owner allowing a potential income for advertising.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $399,620 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.48 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-4 - Highway, commercial use | ||
| Price | $399,620 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.48 AC |
| Opportunity Zone |
Yes |
| Zoning | C-4 - Highway, commercial use |
1 Lot Available
Lot
| Price | $399,620 CAD | Lot Size | 2.48 AC |
| Price Per AC | $161,137.10 CAD |
| Price | $399,620 CAD |
| Price Per AC | $161,137.10 CAD |
| Lot Size | 2.48 AC |
300 x 430 IRR LOTS 1 2 & 3 DONALDSON S/D BLK 1 PB KK PB 280 DESC AS LOT IN SW 1/4 OF SW 1/4 BEG AT THE SW COR OF SEC 16 TH E 300'; NE ALG HWY 300'; NW 430S 485 TO POB S16 T11N R29E
Description
Former Mobile Home Park
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
1 of 19
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1426 N Eufaula Ave - Ray Property
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