Highway-Frontage Commercial
For Sale
$474,500
10051 Highway 431, New Hope, AL 35760
Highway land with B2 zoning across the front portion and R1 zoning toward the rear.
Property SizeContact for details
Days on Market771
Property Features for 10051 Highway 431
General Information
Standard status
Active
Property subtype
Lots/Land
Listing Agency:
LHT Commercial Real Estate, LL
Listed By:
Jonathan Broadway · License #82483
(256) 520-5000
Source:
Exitrealty
Added: Sep 6, 2024
Changed: Sep 3
Last Checked: Sep 15 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LHT Commercial Real Estate, LL
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Investment Insights
Based on property information with market context.
This commercial land offering encompasses 7+ acres at 10051 Highway 431 in New Hope, Alabama. Approximately 500 feet of road frontage provides direct exposure along the highway. The front section carries B2 zoning, while the rear portion is designated R1, creating a split-zoning configuration across the property.
A condemned house remains in the middle-rear area and is assigned zero value. A separate tiny house is not connected to utilities and does not convey with the property, although it may be purchased separately. The site is positioned near a bank, restaurant, and other commercial properties within the New Hope city limits.
A condemned house remains in the middle-rear area and is assigned zero value. A separate tiny house is not connected to utilities and does not convey with the property, although it may be purchased separately. The site is positioned near a bank, restaurant, and other commercial properties within the New Hope city limits.
Key Highlights
- 7+ acres along Highway 431 in New Hope city limits
- Approximately 500 feet of road frontage
- Front portion zoned B2; rear portion zoned R1
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
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Business Placement
Demographics for 35760, AL
5,186
Population
1,935
Households
2.7
Avg Household Size
42
Median Age
28%
College-Educated
90%
High-School Grad
50.7 sq mi
ZIP Area
102
Density / Sq Mi
$66,346
Median Household Income
$50,711
Median Earnings
$790
Median Rent
$164,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Highway land with B2 zoning across the front portion and R1 zoning toward the rear.
Where is this commercial land located?
The property is located at 10051 Highway 431 New Hope, AL.
What is the asking price?
The asking price for this property is $474,500.
What are key features of this property?
This property features: 7+ acres along Highway 431 in New Hope city limits; Approximately 500 feet of road frontage; Front portion zoned B2; rear portion zoned R1
