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Gateway Drive, Opelika, AL

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Gateway Drive

Gateway South of I-85
Opelika, AL 36801 - Lee County Submarket

Property Type:Land Parcel Size:1.58 Acres
Zoning:C3 GC-1
For Sale Price:$750,000 Price/Acre:$474,684 Price/SF:$10.90

Proposed Use:Commercial

On-Site Improv:Raw land

Sale Notes:
The property is located at the intersection of Gateway Drive and Capps Landing in near proximity to Interstate Highway 85. It contains approximately 1.58 acres and has 176 +/- feet of frontage on Gateway Drive, 318 +/- feet of frontage on Capps Landing, and 242 +/- feet on Capps Way. The site is zoned C-3 and Gateway Commercial 1 by the City of Opelika.
The property is in the largest retail corridor in Opelika with Tiger Town Shopping Center and several national retailiers. Retailers in the area include Home Depot, Lowes, Target, Kroger and Gander Mountain. There is a Hampton Inn, Holiday Inn Express and a 13 screen Carmike Cinema now under construction.

The property is located in the Auburn/Opelika Metropolitan statistical Area (MSA) in Lee County, AL. The area has undergone significant commercial and residential growth in recent years and continued growth is projected. The estimated population for Lee County in 2010 was 140,247, a signficant increase over the 2000 estimate of 115,092. The area has a growing and diversified employment base with a history of low unemployment.

Weichert Realtors
Matt Rice
(334) 887-2070

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