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Commercial Land with Highway Frontage
For Sale
$474,500
Pending

10051 HIGHWAY 431, New Hope, AL 35760

Land, NEW HOPE, AL

Property SizeContact for details
Lot Size7.00 Acres
Days on Market787

Property Features for 10051 HIGHWAY 431

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision METES AND BOUNDS
Lot features High Traffic
Elementary school NEW HOPE (K-12)
Middle school NEW HOPE (K-12)
High school NEW HOPE
Directions From Huntsville, go south on Hwy 431 and property is on the left before you get to Burger King in New Hope. From Main Drive in New Hope...go north on Hwy 431 and the property is approx .6 mile on the right. Property is directly across from ALFA Insurnace
Standard status Pending
APN 22-09-32-0-002-006.000
Lot size 7.00 Acres

Taxes and HOA fees

Tax Description SEC 32 T5 R2E COMM AT SE CORNER OF SEC TH N 1 DEG W 665.57 FT TO POB TH S 52 DEG W 436 FT TH N 37 DEG W 499 FT TH N 52 DEG E 796 FT TH S 1 DEG E 614 FT TO POB
Legal Description SEC 32 T5 R2E COMM AT SE CORNER OF SEC TH N 1 DEG W 665.57 FT TO POB TH S 52 DEG W 436 FT TH N 37 DEG W 499 FT TH N 52 DEG E 796 FT TH S 1 DEG E 614 FT TO POB

Utilities

Water source Public
Listing Agency: LHT Commercial Real Estate, LL
Listed By: Jonathan Broadway · License #82483
Added: Sep 6, 2024 Changed: Oct 29 Last Checked: Nov 1 at 4:06PM
MLS# 21870361

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.

Rey
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Investment Insights

Based on property information with market context.

This 7-acre commercial land parcel has approximately 500 feet of frontage on Highway 431. Zoning is divided across the site: the portion along the road is B2, while the rear area is R1. A condemned house stands in the middle-rear section and is described as having no value. The small house on the property is not connected to utilities and is excluded from the sale, though it may be purchased separately.

The parcel lies within New Hope city limits on Highway 431. Nearby commercial uses include a bank, a restaurant, and other commercial properties. Public water is listed as a water source.

Key Highlights

  • 7 acres with approximately 500 feet of frontage on Highway 431
  • Front portion zoned B2; rear portion zoned R1
  • Public water listed as a water source

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Hair Salon Bakery (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 35760, AL

5,186
Population
1,935
Households
2.7
Avg Household Size
42
Median Age
28%
College-Educated
90%
High-School Grad
50.7 sq mi
ZIP Area
102
Density / Sq Mi
$66,346
Median Household Income
$50,711
Median Earnings
$790
Median Rent
$164,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A split-zoned parcel offers commercial designation at the road and residential zoning toward the rear.
Where is this commercial land located?
The property is located at 10051 HIGHWAY 431 New Hope, AL.
What is the asking price?
The asking price for this property is $474,500.
What are key features of this property?
This property features: 7 acres with approximately 500 feet of frontage on Highway 431; Front portion zoned B2; rear portion zoned R1; Public water listed as a water source
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