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    Us Highway 231 Ashville, AL 35953

    For Sale
    $89,900

    Wooded land, creek, Hwy 231 frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 7-acre property boasts a highly desirable location directly on US Highway 231 in Ashville, Alabama. The land itself is well-suited for development, presenting a relatively flat and usable terrain. Existing structures on the property are considered to have no significant value and would likely be demolished. The land is predominantly covered in hardwoods, providing a natural and aesthetically pleasing backdrop. A tranquil creek flows through the rear portion of the property, adding to its natural beauty and potential recreational value. The strategic highway frontage offers unparalleled visibility and accessibility, making it an ideal location for a variety of commercial or residential ventures. Given its size, location, and natural features, this property presents a unique opportunity for investors and developers seeking a prime piece of land in a growing area. The absence of significant existing structures allows for complete design flexibility, enabling the creation of a project tailored to specific needs and vision. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $89,900.

    Property Features for Us Highway 231

    General Information

    Property type
    Other commercial real estate
    Lot Size
    304,920 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashville
    County
    St Clair
    State
    Alabama
    Longitude
    -86.27293
    Latitude
    33.79493

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    FAQs

    What type of property is this?
    Commercial real estate - Wooded land, creek, Hwy 231 frontage
    Where is this commercial real estate located?
    The property is located at Us Highway 231 Ashville, AL.
    What is the asking price?
    The asking price for this property is $89,900.
    (205) 884-2300
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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
    Us Highway 231 Ashville, AL 35953
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