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    Bellewood Cir Huntsville, AL 35801

    Sponsored
    For Sale
    $950,000

    1.98 Acres, R2B Zoning, $950,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.98-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama's thriving medical district, specifically the Bellewood Park submarket. Located at 0 Bellewood Circle, this property is ideally situated adjacent to the recently developed Fleming Farms, offering excellent visibility and accessibility. The land is zoned R2B, permitting the construction of medical or professional office buildings, making it perfect for developers seeking to capitalize on the area's strong demand for high-quality commercial space. With a total asking price of $950,000, this translates to an attractive price per acre of $479,798. The property's location within the established medical district ensures a strong potential for high occupancy rates and significant return on investment. Given its size, zoning, and prime location, this parcel represents a rare chance to acquire a highly desirable piece of commercial real estate in a rapidly growing area of Huntsville, Alabama, within the 35801 zip code. The property's proximity to Fleming Farms further enhances its appeal, offering immediate access to established infrastructure and amenities. This is an exceptional opportunity for developers and investors seeking a strategic foothold in Huntsville's dynamic commercial market. Detailed site plans and zoning information are readily available upon request.

    Property Features for 0 Bellewood Cir

    General Information

    Property type
    Land
    Lot Size
    86,249 SF

    HighLights

    • 1.98‑acre commercial land parcel in Huntsville, AL's Bellewood Park medical submarket.
    • Located at 0 Bellewood Circle, adjacent to Fleming Farms.
    • R2B zoning allows medical or professional office buildings.
    • Asking price: $950,000 ($479,798/acre).
    • Located in the 35801 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5501654
    Latitude
    34.7364493

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    FAQs

    What type of property is this?
    Land - 1.98 Acres, R2B Zoning, $950,000
    Where is this land located?
    The property is located at Bellewood Cir Huntsville, AL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 1.98-acre commercial land parcel in Huntsville, AL's Bellewood Park medical submarket.; Located at 0 Bellewood Circle, adjacent to Fleming Farms.; R2B zoning allows medical or professional office buildings.
    (256) 533-0003
    Request Owner's contact information
    Bellewood Cir Huntsville, AL 35801
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    Huntsville, AL 35801
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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
    Bellewood Cir Huntsville, AL 35801
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