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    5015 NW Monica Rd NW Huntsville, AL 35810

    For Sale
    $57,000

    LOT - Huntsville, AL

    Lot size:
    0.86 Acres
    Days on Market:
    265
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5015 NW Monica Rd NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1402040000060.000
    Lot size
    0.86 Acres

    Building Details

    Architectural style
    Other

    Chanda Davis Real Estate (256) 682-1920

    Listing agent Shandra Sanders (256) 682-1920

    Listing date Mar 24, 2025

    MLS# 21884114 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

    Huntsville Land in Drake Mountain

    This 0.86-acre lot is located in Drake Mountain Estates. The property is surrounded by woods and offers the opportunity to design a private home with mountain views. It provides a blend of city proximity and a country ambiance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Wholesale Shop Clothing Store Gym & Fitness Department Store Kitchen & Bath Accounting Firm HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.627974
    Latitude
    34.802819

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    FAQs

    What type of property is this?
    Land - 0.86-acre lot in Drake Mountain Estates with mountain views.
    Where is this land located?
    The property is located at 5015 NW Monica Rd NW Huntsville, AL.
    What is the asking price?
    The asking price for this property is $57,000.
    What are key features of this property?
    This property features: - Expansive 0.86-acre lot offers ample space for a custom home.; - Located in the prestigious and peaceful Drake Mountain Estates.; - Serene country ambiance provides a tranquil living environment.
    (256) 682-1920
    Request Owner's contact information
    5015 NW Monica Rd NW Huntsville, AL 35810
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    Huntsville, AL 35810
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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
    5015 NW Monica Rd NW Huntsville, AL 35810
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