About This Home

This 0-bedroom, 0-bathroom commercial at 1106 Martin Luther King Drive in Auburn, AL is listed for $7,000,000 ($2,167 per sqft). Built in 1940, the home offers 3,230 sqft of living space on a 5.20 acres lot.

Key Features

  • Built in 1940
  • 5.20 acre lot
  • 10 parking spaces
  • Waterfront

Property Details

1 story
10 spaces
1940

Amenities

WaterfrontViewHardwoodA/C
Listing Description

Endless Opportunities: A rare opportunity to acquire 5+ acres, extensive road frontage, water frontage, and in one of Auburn's most desirable and rapidly growing corridors. This property is located less than one mile from Auburn University and is zoned CRD-W (Comprehensive Redevelopment District-West), which offers outstanding potential in an increasingly limited market.

The property features a private lake/pond, mature hardwoods, scenic topography, and two existing homes. One of the homes may be excluded from the sale and may not convey with the property. Properties of this size, location, and natural beauty near Auburn University are scarce.

Potential opportunities (subject to zoning) could include luxury residential developments, estate lots, mixed-use concepts, boutique student housing, retreat-style communities, professional office development, strategic long-term land holding, and so, so much more.

Ideally situated near Auburn University, this is a premier development opportunity in one of Alabama's strongest growth markets. The combination of location, CRD-W zoning, extensive road frontage, natural water feature, and development potential makes this a truly exceptional investment opportunity. Great LOCATION! LOCATION! LOCATION!

Monthly Cost Estimate

$37,437/mo

20% down · 6.5% · 30 years

Principal$5,062
Interest$30,333
Insurance$2,042

Estimates only. Actual payments may vary.

Location

1106 Martin Luther King Drive

Auburn, AL 36832

Features & Amenities

Interior Features

AdditionalLivingQuarters

Property Details

Flooring

HardwoodCarpet

Construction

Block

Views

WaterCity

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1106 Martin Luther King Drive is listed at $7,000,000 ($2,167/sqft). The estimated monthly payment is $37,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 5.20 acre lot, 10 parking spaces, Waterfront. Interior Features: AdditionalLivingQuarters.

This property is listed by LaWendy Willis.

LW

LaWendy Willis

License 115629

Agent at Keller Williams Realty ASSOCD KW Montgomery

Listed by Keller Williams Realty ASSOCD KW Montgomery · Broker phone: 334-209-3242 · View on Broker Site

MLS# E104874· Source: East Alabama Board of REALTORS®· 47 days on PropertySimple

Copyright © 2026 East Alabama Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1106 Martin Luther King Drive, Auburn, AL 36832

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