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TrueSouth lists commercial, transitional and HBU (higher and better use) properties for sale in Georgia and Alabama.
You’ve seen transitional and HBU properties – former farms and timberland that have been developed into shopping centers and housing subdivisions, estates or mini-farms. They’ve been converted or “transitioned” into their economically “higher and better use.”
If you have these types of properties to sell or are looking for a new commercial opportunity, let us know. 800-200-LAND.
Following are our current commercial listings…
County: Troup City: LaGrange State: Georgia Zipcode: 30240 Land
Click this link or the aerial photo to go to an additional website for in-depth information about this property and the LaGrange/Troup County, GA area:…
Listing Agent: Bucky Henson
County: Lee City: Opelika State: Alabama Zipcode: 36832 Land
This is a gorgeous, gently rolling property lying in the North portion of Lee County offering numerous possibilities to its owner. Property resides in the…
Listing Agent: Scott Sullivan
County: Alabama, Elmore City: Wetumpka State: Alabama Zipcode: 36092 Land
Riverfront property adjoining the Wetumpka City Limits with frontage on Alabama Highway 111, this unique 139 acre property has many potential uses. It could be…
Listing Agent: Brad Nolen
County: Montgomery City: Montgomery State: Alabama Commercial
Formerly used as a lumber yard, the site has frontage on North Court Street in Montgomery, Alabama. Utilities are on site. Easy access to I-65,…
Listing Agent: Bucky Henson
County: Butler City: Greenville State: Alabama Zipcode: 36037 2,400 Sq Ft Commercial
This office building of some 2,400 square feet, with five to six private offices, reception area, large conference room, kitchen and two baths is convenient…
Listing Agent: Bucky Henson
County: Elmore City: Eclectic State: Alabama Zipcode: 36024 Commercial
Active Farm Supply Store with extensive hardware and farm inventory on approximately 2.62 acres. In a perfect location in rural Elmore Co. Store has a…
Listing Agent: Keith McCartney
County: Elmore City: Wetumpka State: Alabama Commercial
Great location on Hwy. 14 in Wetumpka. Located between two doctor offices, and across the hwy. from Elmore Community Hospital.
Listing Agent: Keith McCartney
County: Montgomery City: Montgomery State: Alabama Commercial
Near East Chase Shopping Center, Taylor Road, I-85, schools, shopping, restaurants, other office buildings. This 29,587 sq. foot office lot is ideal for a business…
Listing Agent: Bucky Henson
County: Montgomery City: Montgomery State: Alabama Zipcode: 36117 Commercial
Price Reduced again! Owner is Motivated! Highly visible office lot on a high traffic section of Vaughn Road in East Montgomery- this lot is adjacent…
Listing Agent: Brad Nolen
We also include in this group a relatively new classification of real estate that we call “transitional” or “HBU” (highest and best use) property.
Transitional, aka, HBU property is real estate that is near growing urban areas but that hasn’t yet been developed for other than ag and/or recreational use. Timberland, cattle farms, cropland, etc. is being developed for commercial/retail and/or residential use. We can all see many examples of this near Atlanta, Birmingham, Auburn, Montgomery, Columbus, GA and other cities and metropolitan areas that have seen their surrounding agricultural land “transition” to their “highest and best use.” Just look at North Georgia!
Admittedly, it is open for debate whether a commercial development, for example, is a higher and better use for a tract of timberland. But, as agents for our seller/client, we are mainly concerned with what approach will bring our selling client the highest return the property. HBU, as used here, refers to the highest and best “value” use.
Georgia and Alabama are experiencing robust economic expansion. If we can help you find or sell a commercial, transitional or HBU property, please contact us.
If you have what you believe may be transitional/HBU property that may be developed into retail and other commercial use and/or a new subdivision with nice, new homes, give us a call or email us. We have experience with these types of properties and can give you a no-obligation evaluation.
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