Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2.20 Acre Commercial Land Title is generated by Realmo AI

    67 Miller Road, Guntersville, AL 35976

    View on Map
    Claim this Listing
    For Sale
    $250,000

    2.20 acre commercial land with road frontage.

    Type:Lots/Land
    Lot size:
    2.20 Acres
    Added:
    Nov 26, 2025
    Days on Market:
    188
    Last Refresh:
    Apr 7 at 11:23 pm

    Property Features for 67 Miller Road

    General Information

    Standard status
    Active
    Lot size
    2.20 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Jeri Franks

    Listing agent Jeri Franks License #98160

    Listing office Leading Edge RE Group-Gtsv.

    Listing date Nov 26, 2025

    Source Exitrealty

    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 Leading Edge RE Group-Gtsv.

    HighLights

    • Prime road frontage on Red Barn Rd., Leonard Rd., and Miller Rd.
    • Excellent visibility from Highway 431.
    • 2.20 acre property.
    • Approximately 200 feet of frontage on Red Barn Rd.
    • Close to restaurants, retail stores, gas stations, and medical centers.
    • Suitable for business or development needs.

    Overview

    This 2.20-acre commercial property features frontage on Red Barn Rd., Leonard Rd., and Miller Rd., and offers visibility from Highway 431. It includes approximately 200 feet of frontage on Red Barn Rd., 180 feet on Leonard Rd., and 86 feet on Miller Rd. The property is located near restaurants, retail stores, gas stations, and medical centers, making it suitable for business or development purposes.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guntersville
    County
    Marshall
    State
    Alabama
    Longitude
    -86.27436
    Latitude
    34.297585

    Nearby Similar for Sale

    • $549,900
      2,812 SF

      Guntersville Commercial Property For Sale

      Commercial property in Guntersville, Alabama, with potential business use.
      280 Gunter Avenue, Guntersville, AL 35976
      View Details
    • $980,000
      4,118 SF

      Guntersville Commercial Building and Restaurant

      Prime commercial building with restaurant equipment near Lake Guntersville.
      14401 US Highway 431, Guntersville, AL 35976
      View Details
    • $259,900
      5,500 SF

      Guntersville Commercial Property For Sale

      5,500 SF commercial property with flexible layout in Guntersville, AL.
      2889 Scottsboro Hwy, Guntersville, AL 35976
      View Details
    • $848,000
      1,008 SF

      Guntersville Commercial Property on Highway

      Commercial property on Highway 431 South, Guntersville, Alabama.
      2029 S Gunter Avenue S, Guntersville, AL 35976
      View Details
    • $420,000
      9,124 SF

      Guntersville Commercial Warehouses For Sale

      Two commercial warehouses with Lake Guntersville views on 0.48 acres.
      1705 Blount Avenue, Guntersville, AL 35976
      View Details
    • $799,000
      4,800 SF

      Guntersville Car Wash For Sale

      Established car wash business and real estate in Guntersville, Alabama.
      12118 US Highway 431, Guntersville, AL 35976
      View Details
    • $289,000
      2,400 SF

      Guntersville Commercial Building Opportunity

      2,400 SF commercial building in the heart of Guntersville.
      1322 Gunter Avenue, Guntersville, AL 35976
      View Details
    • $599,000
      3,000 SF

      Guntersville Commercial Opportunity on Hwy

      High-visibility commercial space on Hwy 431 with strong signage potential.
      2011 Gunter Avenue, Guntersville, AL 35976
      View Details
    • $850,000
      3,196 SF

      Furnished Houses Near Lake Access

      Three furnished houses on 2.39 acres near Guntersville.
      4017,4015,4035 Al Hwy 69, Guntersville, AL 35976
      View Details
    • $349,000
      1,705 SF

      Guntersville Office Building with Lake Views

      Charming office building in Guntersville with views of Lake Guntersville.
      1640 Blount Avenue, Guntersville, AL 35976
      View Details
    • $375,000
      2,552 SF

      Guntersville Commercial Property For Sale

      Commercial property in Guntersville, Alabama with 2,552 square feet.
      1804 Gunter Avenue, Guntersville, AL 35976
      View Details
    • $6,995,000
      47,000 SF

      Waterfront Land on Lake Guntersville

      20-acre waterfront property with development potential on Lake Guntersville.
      140 Claysville School Road, Guntersville, AL 35976
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.20 acre commercial land with road frontage.
    Where is this commercial land located?
    The property is located at 67 Miller Road Guntersville, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime road frontage on Red Barn Rd., Leonard Rd., and Miller Rd.; Excellent visibility from Highway 431.; 2.20 acre property.
    (256) 572-4280
    We can help!
    Listing Contact
    Jeri Franks
    Real Estate License ID: 98160
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    67 Miller Road, Guntersville, AL 35976
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!