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    John T Reid Pkwy Scottsboro, AL 35768

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    For Sale
    $1,250,000

    Development-ready land suitable for residential, multifamily, and commercial uses.

    Property size:
    24 SF
    Lot size:
    24.00 Acres

    Property Features for John T Reid Pkwy

    General Information

    Size
    24 SF
    Lot size
    24.00 Acres

    Source: Josh Bray Agent Josh Bray

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    24 Acres Development Opportunity

    This 24-acre development opportunity is located directly along high-traffic Hwy 72 in Scottsboro, Alabama. Zoned C-4, the expansive parcel is suitable for residential, multifamily, or large-scale housing development, with space for a master-planned community. The site is located one mile from Walmart and the new Publix-anchored retail center, with approximately 20,000 vehicles per day on Hwy 72. Its proximity to retail, restaurants, and services makes it an attractive choice for developers seeking to create a residential hub with walkable lifestyle options. The property's visibility and acreage open doors for mixed-use possibilities, including commercial or retail components. This corridor is a prime location for development in a market ready for expansion. The land parcel is located on the West side of Hwy 72 on John T Reid Parkway. The land is ideal for master-planned communities or multifamily housing, with exceptional visibility and access in a thriving growth corridor. There are strong market fundamentals and increasing housing demand in Scottsboro.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Scottsboro
    County
    Jackson
    State
    Alabama
    Longitude
    -86.0986292
    Latitude
    34.621232

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    FAQs

    What type of property is this?
    Land - Development-ready land suitable for residential, multifamily, and commercial uses.
    Where is this land located?
    The property is located at John T Reid Pkwy Scottsboro, AL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 24-acre development opportunity zoned C-4, suitable for residential, multifamily, or commercial uses.; - Located directly on high-traffic Hwy 72 with approximately 20,000 vehicles per day.; - Positioned one mile from Walmart and a new Publix-anchored shopping center.
    (256) 468-2099
    Request Owner's contact information
    John T Reid Pkwy Scottsboro, AL 35768
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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
    John T Reid Pkwy Scottsboro, AL 35768
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