West Pace Village | Commercial Development Land | Tier 1 University | Auburn, AL

Highlights

• Entitled Commercial Development Land
• 132+/- acres
• Great Visibility
• Located in major retail corridor at Auburn University, Auburn, Alabama

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.

The subject property is comprised of 132.87 acres of vacant land within the West Pace Village Development. The subject property is located on S. College Street and Shell Toomer Parkway at the Exit 51 Interchange of Interstate 85 in the southern portion of Auburn, AL.

The subject property is located on S. College Street and Shell Toomer Parkway at the Exit 51 Interchange of Interstate 85 in the southern portion of Auburn. S. College Street is a four-lane major transportation route that runs north and south. College Street is an arterial road, which connects to the loop known as University Drive (Shug Jordan Parkway) to the north that encircles Auburn. It connects to I-85 at the subject location. Shell Toomer Parkway is a two-lane road that connects from S. College Street and I-85 to the west and dead-ends at Chewacla State Park to the east.

The Opelika-Auburn area, 110 miles southwest of Atlanta, Georgia, is in east central Alabama in Lee County. Lee County is larger than the four surrounding counties which are Chambers, Macon, Russell, and Tallapoosa counties. Opelika-Auburn is the home of Auburn University and Lee County is the preferred location of numerous industrial companies. The location of Opelika- Auburn and Lee County combined with a well-educated work force, excellent school system and quality of life features has spurred Opelika-Auburn/Lee County population and employment growth.

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