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    105 Monrovia Cove Ln Madison, AL 35757

    For Sale
    $450,000

    ACREAGE - Madison, AL

    Lot size:
    3.00 Acres
    Days on Market:
    328
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 105 Monrovia Cove Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1502090000043046.
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    Leading Edge , The R. E. Group (256) 652-2983

    Listing agent Oliner Bowers (256) 489-2602

    Listing date Jan 14, 2025

    MLS# 21877535 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

    Undeveloped Land Near Clift Farms

    This is an undeveloped and unzoned land parcel located in the city of Madison, Alabama. The property is conveniently situated near schools, restaurants, and shopping areas. It is approximately 3 miles from Highway 72 and the newly developed Clift Farms. The property, previously consisting of two parcels, has a seller who is willing to subdivide. The land is approximately 3 acres. A house is present on the property, but it is not habitable and is not included in the listed sale price; it will convey with the property, but entry is unsafe. The property does not currently have water, electric, or gas connected, but these utilities are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7479
    Latitude
    34.788303

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    FAQs

    What type of property is this?
    Land - Unzoned land near schools, restaurants, and Clift Farms.
    Where is this land located?
    The property is located at 105 Monrovia Cove Ln Madison, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Unzoned land offers flexible development opportunities.; - Convenient location in Madison near schools, restaurants, and shopping.; - Close proximity (approximately 3 miles) to HWY 72 and Clift Farms.
    (256) 489-2602
    Request Owner's contact information
    105 Monrovia Cove Ln Madison, AL 35757
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    Madison, AL 35757
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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
    105 Monrovia Cove Ln Madison, AL 35757
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