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    I-22 Interstate/Hwy.118 Jasper, AL 35501

    Sponsored
    For Sale
    $479,000

    High-traffic commercial land, excellent location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 20.39-acre commercial property boasts a prime location in Jasper, Alabama, at the first Jasper exit off I-22 from Tupelo, MS (Exit 57, Hwy 118). A survey is available. The land offers significant road frontage: 300 feet along Highway 118 and 1031 feet along I-22. Gamble Road provides convenient access to the property from both sides. Its high visibility and accessibility make it ideal for a wide range of commercial ventures. Potential uses include, but are not limited to, fast-food restaurants, hotels, retail establishments, and medical clinics. The asking price for this exceptional investment opportunity is $479,000. This property presents a rare chance to acquire a substantial parcel of land in a high-growth area with exceptional exposure to a major interstate highway. Serious inquiries are encouraged to explore the full potential of this strategic location. Contact us today to schedule a viewing and obtain complete property information.

    Property Features for I-22 Interstate/Hwy.118

    General Information

    Property type
    Other commercial real estate
    Lot Size
    888,188 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jasper
    County
    Walker
    State
    Alabama
    Longitude
    -87.13473
    Latitude
    33.81806

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic commercial land, excellent location.
    Where is this commercial real estate located?
    The property is located at I-22 Interstate/Hwy.118 Jasper, AL.
    What is the asking price?
    The asking price for this property is $479,000.
    (205) 487-6580
    Request Owner's contact information
    I-22 Interstate/Hwy.118 Jasper, AL 35501
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    Jasper, AL 35501
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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
    I-22 Interstate/Hwy.118 Jasper, AL 35501
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