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    0048 Alabama Hwy, Unit 24 Mount Hope, AL 35651

    For Sale
    $199,900

    ACREAGE - Mount Hope, AL

    Lot size:
    4.80 Acres
    Days on Market:
    293
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 0048 Alabama Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1307350000013.007
    Lot size
    4.80 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Legacy (256) 777-6850 [email protected]

    Listing agent Cody Smith (256) 230-1113

    Listing date Feb 19, 2025

    MLS# 21851491 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot on Highway 24

    This commercial lot offers frontage on Alabama Highway 24 and County Road 50. The property includes a 40,000-square-foot pad and a driveway accessible from County Road 50. Situated in Mount Hope, Alabama, the 4.8-acre lot provides visibility along Alabama Highway 24. The property is divided into two parcels that surround the Dollar General building.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mount Hope
    County
    Lawrence
    State
    Alabama
    Longitude
    -87.446672658
    Latitude
    34.471050589

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with frontage on AL Highway 24 and CR 50.
    Where is this commercial land located?
    The property is located at 0048 Alabama Hwy, Unit 24 Mount Hope, AL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - 40,000 sqft pad already built on the property.; - Frontage on AL Highway 24 offering great visibility.; - Frontage on CR 50.
    (256) 230-1113
    Request Owner's contact information
    0048 Alabama Hwy, Unit 24 Mount Hope, AL 35651
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    Mount Hope, AL 35651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0048 Alabama Hwy, Unit 24 Mount Hope, AL 35651
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