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    36 Hwy 231/431 N Meridianville, AL 35759

    For Sale
    $5,000,000

    ACREAGE - Meridianville, AL

    Lot size:
    36.00 Acres
    Days on Market:
    289
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 36 Hwy 231/431 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0707250000031000 & 0707250000031000
    Lot size
    36.00 Acres

    Building Details

    Architectural style
    Other

    Stafford Realty, Inc. (256) 852-8501

    Listing agent Casey Stafford (256) 852-8501

    Listing date Feb 25, 2025

    MLS# 1801561 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 Land on Highway 231/431

    This 36-acre property is located on Highway 231/431 in Meridianville, Alabama, offering approximately 990 feet of road frontage. The land borders Beaverdam Creek on the north side and features a combination of open fields and wooded areas. An old farmhouse and barns are currently situated on the property. The property borders Huntsville city limits and may be suitable for annexation. The site is suitable for commercial, multi-family, and residential development. The property will be sold in two parcels.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.572082611
    Latitude
    34.836623896

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    FAQs

    What type of property is this?
    Land - Large tract of land suitable for commercial or residential development.
    Where is this land located?
    The property is located at 36 Hwy 231/431 N Meridianville, AL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Large tract with 990 feet of road frontage on Hwy 231/431.; - Borders Huntsville city limits, offering potential for annexation.; - Suitable for commercial, multi-family, and residential development.
    (256) 852-8501
    Request Owner's contact information
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    Meridianville, AL 35759
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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

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    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
    36 Hwy 231/431 N Meridianville, AL 35759
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