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    Commercial Lot with Major Highway Frontage Title is generated by Realmo AI

    10241 US Highway 431, Albertville, AL 35950

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    Claim this Listing
    For Sale
    $450,000

    COMMERCIAL - Albertville, AL

    Property size:
    2,445 SF
    Lot size:
    1.47 Acres
    Price / SF:
    $184/SF
    Added:
    Apr 23, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 17 at 5:06 am

    Property Features for 10241 US Highway 431

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    Size
    2,445 SF
    Lot size
    1.47 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Jacob Roll

    Listing agent Jacob Roll License #126851

    Listing office Ainsworth Real Estate, LLC 1400 Rayburn Avenue, Guntersville, AL

    Listing date Apr 23, 2026

    MLS# 21893137

    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.

    HighLights

    • Prime 1.45+\/- acre commercial lot on Hwy 431.
    • Over 150' of road frontage with high visibility and traffic.
    • Located minutes from major new development featuring Target and Academy Sports.
    • Flat, mostly cleared lot inside city limits.
    • Utilities available.
    • Ideal for retail, office, or investment use.

    Overview

    This offering is a prime commercial land parcel totaling 1.47 acres. The property is described as flat and mostly cleared, making it well suited for ground-up development or site improvements aligned with tenant or user requirements. The lot is located inside city limits and utilities are available.

    The parcel benefits from over 150 feet of road frontage on US Highway 431 with high visibility and traffic. It is positioned just past Gilbert & Baugh Ford and is minutes from a major new development that includes Target, Academy Sports, and multiple restaurants.

    Given the highway frontage, cleared site condition, and available utilities, the property can support a range of commercial uses, including retail and office development, as well as other investment-oriented concepts consistent with the buyer’s plans. The location near a growing retail center and the practical development profile of the site make it a straightforward option for users or investors seeking a commercial lot with direct road access.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $44.0k $18.00
    − Vacancy −$7.3k −$2.97
    EGI $36.7k $15.03
    − OpEx −$9.2k −$3.76
    NOI $27.6k $11.27
    2,445 SF · lease $18.00/SF/yr · vacancy 16.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $393.7K
    $344.5K – $459.4K (±1% cap)
    NOI $27,561 @ 7.0% cap · market cap 6.12%
    Second Best
    Retail
    $222.8K
    $195.0K – $260.0K (±1% cap)
    NOI $15,598 @ 7.0% cap · market cap 3.47%
    Theoretical Best
    Office A
    $527.7K
    $461.8K – $615.7K (±1% cap)
    NOI $36,940 @ 7.0% cap · market cap 8.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Albertville
    County
    Marshall
    State
    Alabama
    Longitude
    -86.2534733
    Latitude
    34.2927041

    FAQs

    What type of property is this?
    Commercial land - Flat, mostly cleared lot with 150+ feet of highway frontage and utilities available for retail, office, or investment use.
    Where is this commercial land located?
    The property is located at 10241 US Highway 431 Albertville, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime 1.45+\/- acre commercial lot on Hwy 431.; Over 150' of road frontage with high visibility and traffic.; Located minutes from major new development featuring Target and Academy Sports.
    More about this property
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