Us Highway 231 Ashville, AL 35953
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.