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    10051 Highway 431 New Hope, AL 35760

    For Sale
    $474,500

    ACREAGE - New Hope, AL

    Lot size:
    7.00 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 10051 Highway 431

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2209320002006.000
    Lot size
    7.00 Acres

    Building Details

    Architectural style
    Other

    LHT Commercial Real Estate, LL (256) 520-5000

    Listing agent Jonathan Broadway (256) 520-5000

    Listing date Oct 27, 2025

    MLS# 21870361 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

    Highway Frontage Acreage in New Hope

    This property features over 7 acres situated along Highway 431 within the city limits of New Hope, Alabama. It offers approximately 500 feet of road frontage. The front portion of the property is zoned B2, while the back portion is zoned R1. A condemned house is located in the middle-back area of the property and holds no value. The property is located near a bank, restaurant, and other commercial properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Pharmacy Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Madison
    State
    Alabama
    Longitude
    -86.434088
    Latitude
    34.553451

    Nearby Similar for Sale

    • $595,000
      2.70 Acres

      New Hope Manufacturing Facility

      16,240 SF manufacturing facility on 2.7 acres in New Hope.
      1453 Johnson Ave, New Hope, AL 35760
      View Details
    • $335,000
      1.97 Acres

      Retail Property on 1.9 Acres

      Established business opportunity near Marshall County line in New Hope.
      Highway 431 S, New Hope, AL 35760
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7+ acres with highway frontage in New Hope, Alabama.
    Where is this commercial land located?
    The property is located at 10051 Highway 431 New Hope, AL.
    What is the asking price?
    The asking price for this property is $474,500.
    What are key features of this property?
    This property features: - 7+ acres within New Hope city limits.; - Approximately 500 feet of road frontage on Highway 431.; - Zoned B2 (front) and R1 (back) offering mixed-use potential.
    (256) 520-5000
    Request Owner's contact information
    10051 Highway 431 New Hope, AL 35760
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    New Hope, AL 35760
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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
    10051 Highway 431 New Hope, AL 35760
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