
27.5 +/- Acres Waverly Pkwy
Land | 27.5 acres
Marketing description
Prime 27.5-Acre High-Density Residential Site + Commercial Outparcel | Opelika, AL
Property Overview Presenting an exceptional development opportunity in the rapidly growing Opelika market. This prime 27.5-acre parcel is a blank canvas fully primed for a thriving residential community. Zoned for the highest-density residential development permitted by the City of Opelika, this site offers unparalleled potential for developers looking to maximize their yield and capitalize on local housing demand. Additionally, a 2 +/- acre commercial parcel situated on the corner of the property is available for purchase, offering the perfect footprint for a complementary retail, medical office, or mixed-use element (Call agent for price).
Strategic & High-Demand Location Situated directly off the US Highway 280 corridor and perfectly positioned just behind East Alabama Medical Center (EAMC), the property benefits from immediate access to one of the region's largest economic drivers. This proximity provides a built-in target demographic of medical professionals and hospital staff, making it an ideal site for a high-density single-family development, townhomes, or a build-to-rent community.
Development-Ready Streamline your construction timeline and reduce horizontal costs: all required utilities are already on-site. Between the infrastructure readiness, the flexible zoning options, and the premier location, this land stands out as a highly efficient and lucrative investment.
Don't miss out on the chance to transform this strategic parcel into Opelika’s next premier residential community. Contact us today to learn more about this unique opportunity and discuss how it can be the perfect addition to your development pipeline.
Brown - R-5, R-5M High Density Residential Districts. These districts are for areas with densities not exceeding sixteen (16) dwelling units per acre. Developments in these districts should be limited to areas having sanitary sewer. These developments should be in proper scale and context with the existing neighborhood.
Pink - C-2 Office/Retail District. This district is intended to provide areas for offices and neighborhood small retail uses. Other uses would include residential, banks, fast food, convenience stores and similar uses.
Investment highlights
Investment Highlights
- Lot Size: 27.5 Acres (Residential)
- Additional Opportunity: 2 +/- acre commercial corner parcel available for purchase (Call agent for price)
- Zoning: High-Density Residential (Highest density allowed by the City of Opelika)
- Utilities: All utilities available on-site
- Location: Directly off Hwy 280, situated immediately behind EAMC Hospital
- Ideal Use: High-density single-family, townhome, or residential community development
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