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    15621 Hwy, Unit 231/431 Hazel Green, AL 35750

    For Sale
    $1,000,000

    COMMERCIAL LOT - Hazel Green, AL

    Lot size:
    2.00 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 15621 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0303060002020000
    Lot size
    2.00 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    First Choice Real Estate (256) 713-9444

    Listing agent Loretta Largo (256) 713-9444

    Listing date Sep 4, 2025

    MLS# 21890730 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

    Prime Commercial Lot on Highway

    This 2-acre commercial lot is located on Highway 231/431 in Hazel Green and features 234.81 feet of road frontage. Access is available from Elkwood Section Rd. The land has been recently cleared. Situated in a high-traffic area, the property benefits from approximately 27,000 cars per day. The property has grandfathered status, meaning no turning lane is required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hazel Green
    County
    Madison
    State
    Alabama
    Longitude
    -86.569664
    Latitude
    34.976421

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    FAQs

    What type of property is this?
    Commercial land - 2-acre commercial lot in high-traffic area with road frontage.
    Where is this commercial land located?
    The property is located at 15621 Hwy, Unit 231/431 Hazel Green, AL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 2 acres of commercial land on US HWY 231/431 in Hazel Green.; - High traffic location with approximately 27,000 cars/day.; - Grandfathered status - no turning lane required.
    (256) 713-9444
    Request Owner's contact information
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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
    15621 Hwy, Unit 231/431 Hazel Green, AL 35750
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