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    16400 US-43 Grove Hill, AL 36451

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $300,000

    High-traffic Hwy 43 location; near major brands.

    Property size:
    369,388 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    325
    This exceptional 8.48-acre commercial land parcel presents a remarkable investment opportunity in Grove Hill, Alabama. Strategically located on US Highway 43, this property enjoys high visibility and accessibility, boasting significant traffic flow. Its prime location is immediately adjacent to a Circle K convenience store, ensuring consistent foot and vehicle traffic. The property's proximity to a McDonald's restaurant further enhances its commercial appeal and potential. A detailed survey is available for review, providing comprehensive information on the land's boundaries and characteristics. The site is situated south of and directly adjacent to the Circle K at 16400 US Highway 43 in Grove Hill, AL, 36451. This presents a unique chance to develop a complementary business or capitalize on the existing high-traffic area. The expansive acreage offers considerable flexibility for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $300,000.

    Property Features for 16400 US-43

    General Information

    Property type
    Other land
    Square Feet
    369,388 SF
    Price / Square Foot
    $0.81
    Elevators
    N/A
    Lot Size
    369,389 SF

    HighLights

    • Prime 8.48‑acre commercial lot in Grove Hill, AL, ideal for development.
    • High‑visibility location on US Highway 43, near Circle K and McDonald's.
    • Convenient access to major roadways, offering excellent exposure for businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Grove Hill
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 43 location; near major brands.
    Where is this land located?
    The property is located at 16400 US-43 Grove Hill, AL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Prime 8.48-acre commercial lot in Grove Hill, AL, ideal for development.; High-visibility location on US Highway 43, near Circle K and McDonald's.; Convenient access to major roadways, offering excellent exposure for businesses.
    (251) 342-7229
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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
    16400 US-43 Grove Hill, AL 36451
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