Madison County, AL Hospitality properties for sale

Updated: May 21

Historic Live-Work Residence

11556 Highway 231/431, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Historic 4,124 SF house on 4.69 acres, recently remodeled and expanded
4 bedrooms, 4 bathrooms, plus a game room
Driveway and garage parking
Wood flooring; roof is shingle
Heat pump heating and central air cooling

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This listing looks promising.

Here's a quick look at some key insights for

11556 Highway 231/431, Meridianville, AL 35759

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$53K
Annual
Price @ 7% Cap

$753K
Suggested
Property Type

Single Family Residence
Built 1940

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Updated: May 5, 2025

Historic Live/Work Property on Acreage

11556 Highway 231 431 N, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Versatile Live/Work Property: Ideal for wedding venue, studio, B&B, or professional business.
Spacious Remodeled Historic Home: 4,124SF with 4 bedrooms and 4 baths.
Large Acreage: 4.69 acres provides ample space.
Business Opportunity: Chance to own a business with historical significance.
Convenient Location: Only 1.2 miles to the Madison County Executive Airport.

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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 2 Active listings in Madison County, AL, we suggest exploring several alternatives: similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Overlooking Morgan County Arena

Decatur, AL 35603

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2.00 AC lot

Two-acre property with potential for Airbnb or treehouse development.

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Lake Guntersville Waterfront Land Opportunity

321 Carlton Road, Scottsboro, AL 35769

$1,000,000

10.00 AC lot

10-acre waterfront property with 1,250 ft shoreline on Lake Guntersville.

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Waterfront Land with Lake Views

33.10 Murphy Hill Road, Langston, AL 35755

$1,899,999

33.10 AC lot

Unrestricted 33.1-acre waterfront land sold as 3 parcels, with less than one acre TVA shoreland wetland.

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56 Acres Development Opportunity

9438 Lewisburg Highway, Cornersville, TN 37047

$1,900,000

56.12 AC lot

56.12 acres of level land with I-65 frontage.

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Off-Market Properties in Madison County, AL

Consider similar Off-Market properties in Madison County, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.