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    Highway 53 Toney, AL 35773

    For Sale
    $489,000

    COMMERCIAL LOT - Toney, AL

    Lot size:
    3.16 Acres
    Days on Market:
    244
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for Highway 53

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0602040003017001
    Lot size
    3.16 Acres

    Building Details

    Architectural style
    Other

    Legend Realty (256) 428-3780 [email protected]

    Listing agent Sandra Vann (256) 428-3780

    Listing date Apr 8, 2025

    MLS# 21885700 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 53

    This commercial property is located on Highway 53 in Toney, Alabama. The 3.16-acre lot is suitable for various commercial uses, including restaurants, retail plazas, shopping centers, and daycare centers. The property has shared access with the adjacent parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Toney
    County
    Madison
    State
    Alabama
    Longitude
    -86.745766272
    Latitude
    34.8929529

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    FAQs

    What type of property is this?
    Commercial land - Commercial property suitable for restaurants, retail, daycare, and more.
    Where is this commercial land located?
    The property is located at Highway 53 Toney, AL.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - Highway 53 frontage offers high visibility and accessibility.; - Versatile commercial zoning suitable for restaurants, retail, daycare, and more.; - Ideal for retail plaza or shopping center development.
    (256) 428-3780
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    Highway 53 Toney, AL 35773
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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
    Highway 53 Toney, AL 35773
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