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    231 Hwy Arab, AL 35016

    For Sale
    $300,000

    COMMERCIAL LOT - Arab, AL

    Lot size:
    0.99 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 231 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1306141000001.031
    Lot size
    0.99 Acres

    Building Details

    Architectural style
    Other

    Ainsworth Real Estate, LLC (256) 640-7017

    Listing agent Laurel Tidmore (256) 640-7017

    Listing date Mar 22, 2025

    MLS# 21856103 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 231

    This commercial lot is positioned along Highway 231, offering visibility and accessibility due to steady traffic flow. The lot has ample space and 136 feet of highway frontage, making it suitable for a range of businesses. It is surrounded by key intersections and activity, presenting an opportunity for entrepreneurs. The lot is 0.99 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4945
    Latitude
    34.3288

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot with high visibility and accessibility on Highway 231.
    Where is this commercial land located?
    The property is located at 231 Hwy Arab, AL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Prime Highway 231 Frontage: Boasting 136 feet of highly visible frontage.; - High Traffic Location: Positioned on Highway 231 with a steady flow of traffic.; - Excellent Accessibility: Easy access due to its highway location.
    (256) 640-7017
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    231 Hwy Arab, AL 35016
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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
    231 Hwy Arab, AL 35016
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