Address: Shell Toomer Parkway, Auburn, Alabama, US
Created date: February 22, 2024
Date last updated: February 22, 2024
- Entitled Commercial Development Land
- 132+/- acres
- Great Visibility
- Located in major retail corridor at Auburn University, Auburn, Alabama
Property Description
SVN is pleased to present one of the most unique commercial development opportunities in booming market of Auburn, Alabama. Home to the Auburn Tigers and Auburn University, this nearly 133 acre development land is now being offered for sale. Consisting of 5 parcels that can be developed.
The general area is developed with various commercial and multi-family residential on S. College Street and residential development in the outlying areas. The area of S. College Street on the northern side of I-85 is approximately 95 percent developed, with the highest concentration of development along this primary traffic artery. This is a desirable area for retail automotive, industrial and commercial use.
The economy in the market area is heavily influenced by Auburn University. The University had a 2021 enrollment of 31,526 students, which exceeded the pre-determined student capacity; therefore, future population growth that provides a driver for the local economy is expected to proceed at a slower pace.