Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1.4 Acres Highway 431 Boaz, AL 35956

    View on Map
    For Sale
    $299,900

    COMMERCIAL - Boaz, AL

    Lot size:
    1.40 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    38
    Last Refresh:
    Apr 6 at 5:06 pm

    Property Features for 1.4 Acres Highway 431

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0404200001103.000
    Lot size
    1.40 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Jeff Overstreet

    Listing agent Jeff Overstreet License #64243

    Listing office South Towne Realtors, LLC 1212 Gunter Avenue, Guntersville, AL

    Listing date Feb 27, 2026

    MLS# 21910746

    Copyright © 2026 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 Corner Lot in Boaz

    This 1.4+/- acre commercial corner lot is located at the intersection of Highway 431 and Mountainboro Road in Boaz, AL. The property is zoned B3 Commercial and benefits from a high traffic count. The site has been prepared with 200 triaxle loads of fill dirt, making it ready for construction. This lot is suitable for various types of businesses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Boaz
    County
    Marshall
    State
    Alabama
    Longitude
    -86.1287809
    Latitude
    34.1493055

    Nearby Similar for Sale

    • $649,900
      2,610 SF

      Boaz, AL Commercial Property

      High-visibility commercial property in Boaz, AL, previously a restaurant.
      1254 US Highway 431, Boaz, AL 35957
      View Details
    • $609,000
      17,895 SF

      Boaz Commercial Property For Sale

      17,895 SF commercial property on 6.43 acres in Boaz.
      110 Industry Drive, Boaz, AL 35956
      View Details
    • $360,000
      6,000 SF

      Downtown Boaz Commercial Opportunity

      Versatile 6,000 sq ft commercial property in downtown Boaz.
      182 S Broad Street, Boaz, AL 35957
      View Details
    • $524,900
      1,518 SF

      Boaz, AL Commercial Property

      Prime commercial property in Boaz, AL, ready for new venture.
      1851 Highway 431, Boaz, AL 35957
      View Details
    • $199,000

      Boaz, AL Land For Sale

      3.8 acres on US Highway 431, Boaz, Alabama.
      10400 US Highway 431, Boaz, AL 35956
      View Details
    • $390,000
      500 SF

      Prime Commercial Land on Highway

      1.92 acres of commercial land with highway frontage.
      127 US Highway 431, Boaz, AL 35957
      View Details
    • $525,000
      10,000 SF

      Boaz Industrial/Distribution Opportunity

      10,000 SF commercial building on 2.6 acres in Boaz.
      1060 Old Guntersville-Gadsden Road, Boaz, AL 35956
      View Details
    • $489,900
      1,700 SF

      Boaz Commercial Land Opportunity

      Commercial building on 2 acres with excellent road frontage.
      12280 US Highway 431 N, Boaz, AL 35956
      View Details
    • $254,000

      Boaz, AL Land For Sale

      8.1 acre commercial land available in Boaz, Alabama.
      744 Double Bridges Road, Boaz, AL 35957
      View Details
    • $599,900

      23-Acre Property with Income Potential

      23-acre property with income streams and expansion potential.
      23 acres Martin Road, Boaz, AL 35957
      View Details
    • $59,900

      Highway Frontage Commercial Land

      High-traffic location ideal for retail, office, or service business.
      1234 US Highway 431 N, Boaz, AL 35956
      View Details
    • $1,100,000

      Highway Frontage Land For Sale

      41 acres with highway frontage in Boaz, Alabama.
      75 S Highway 431 S, Boaz, AL 35957
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.4+/- acre commercial corner lot ready for development.
    Where is this commercial land located?
    The property is located at 1.4 Acres Highway 431 Boaz, AL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Ready to build: Prep work and 200 triaxle loads of fill dirt already completed.; High‑traffic commercial corner lot at a red light.; Zoned B3 Commercial, suitable for various businesses.
    (256) 302-7722
    We can help!
    Listing Contact
    Jeff Overstreet
    Real Estate License ID: 64243
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!