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    7231 Parkway Dr Leeds, AL 35094

    For Sale
    $99,000

    5 Acres, Hwy 78 Frontage, B-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Leeds, Alabama market. Located at 7231 Parkway Drive, this property boasts 220 feet of frontage on heavily trafficked Alabama Highway 78, providing unparalleled visibility and accessibility. The B-2 zoning allows for a wide range of commercial development possibilities, making it ideal for businesses seeking high-impact locations. In addition to the Highway 78 frontage, the property also benefits from convenient stub street access via Katherine Street, enhancing its logistical appeal. All utilities are readily available, simplifying the development process. The strategic location across from the new Leeds High School further enhances its desirability, offering proximity to a significant population base. This prime location within the Highway 78 development corridor ensures strong growth potential and a high return on investment. The expansive lot size offers ample space for a variety of commercial ventures, from retail establishments to light industrial uses. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area of Jefferson County, Alabama. The asking price is $99,000. Don't miss this chance to secure a piece of Leeds' vibrant commercial landscape. The zip code is 35094.

    Property Features for 7231 Parkway Dr

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • All utilities available.
    • B‑2 zoning in Leeds, Alabama.
    • 220 ft of frontage on heavily trafficked AL Hwy 78, plus Katherine Street access.
    • Excellent visibility and high development potential in the Hwy 78 corridor.
    • Located across from the new Leeds High School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Gym & Fitness Pharmacy Hotel & Motel HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Leeds
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.574061
    Latitude
    33.544333

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    FAQs

    What type of property is this?
    Land - 5 Acres, Hwy 78 Frontage, B-2 Zoning
    Where is this land located?
    The property is located at 7231 Parkway Dr Leeds, AL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: All utilities available.; B-2 zoning in Leeds, Alabama.; 220 ft of frontage on heavily trafficked AL Hwy 78, plus Katherine Street access.
    Request Owner's contact information
    7231 Parkway Dr Leeds, AL 35094
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    Leeds, AL 35094
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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
    7231 Parkway Dr Leeds, AL 35094
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