PRIME DEVELOPMENT PROPERTY that is located inside Property owned by Troy University. Near the Newly redevelopment of Lake Lagoona Park. over 500 feet of Street Frontage. Any Residential Development would be like living on campus.
For sale
Street View
$1,450,000
516TO617 Folmar & Madison St, Troy, AL 36081
--beds
--baths
--sqft
Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 266 days |
- 19 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Earl Ellis,
Landmark Realty
Source: Pike County BOR,MLS#: 27048
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Facts & features
Property
Features
- Frontage length: 537 ft
Lot
- Size: 1.27 Acres
- Dimensions: 175x362x130x234x49x156'
- Topography: Level
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Unimproved Land
Utilities & green energy
- Electric: Single Phase Power
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Cable Available, Utilities Available
Community & HOA
Location
- Region: Troy
Financial & listing details
- Date on market: 10/14/2025
- Listing terms: 1031 Exchange
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Listed for sale | $1,450,000 |
Source: | ||
| 8/13/2025 | Listing removed | $1,450,000 |
Source: | ||
| 8/12/2024 | Listed for sale | $1,450,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 36081
Nearby schools
GreatSchools rating
- 8/10Troy Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 9/10Charles Henderson Middle SchoolGrades: 7-8Distance: 0.7 mi
- 4/10Charles Henderson High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Pike County
- Troy
- 36081
- 516TO617 Folmar & Madison St




