Technical
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Property profile

Us Highway 231 Ashville, AL 35953

OFF-MARKET
Commercial real estate
7 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 7 ac (304,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us Highway 231 Ashville, AL 35953
Ashville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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