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    29943 Us-72 Madison, AL 35756

    For Sale
    $975,000

    1.15-Acre Commercial Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.15-acre commercial land parcel presents a prime investment opportunity in Madison, Alabama. Strategically located on Highway 72, this property boasts approximately 200 feet of road frontage, ensuring high visibility and accessibility. The site is ideally situated in a high-traffic area, offering excellent potential for a variety of commercial ventures. Currently, there is no formal zoning in place, providing flexibility for diverse development options, including commercial, multi-residential, or industrial uses. The property's location offers convenient access to key transportation routes, being just one mile from the intersection of County Line Road and Old Railroad Bed Road. Furthermore, its proximity to established businesses adds significant value

    Property Features for 29943 Us-72

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 1.15‑acre commercial land parcel in Madison, AL, offering high visibility and accessibility due to its Highway 72 location and approximately 200 feet of road frontage.
    • High‑traffic area with flexible zoning allowing for commercial, multi‑family, or industrial development.
    • Convenient access to major transportation routes, including proximity to County Line Road and Old Railroad Bed Road.
    • Excellent location near established businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Limestone
    State
    Alabama
    Longitude
    -86.7989021986
    Latitude
    34.749054430385

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    FAQs

    What type of property is this?
    Land - 1.15-Acre Commercial Lot, High Traffic Area
    Where is this land located?
    The property is located at 29943 Us-72 Madison, AL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 1.15-acre commercial land parcel in Madison, AL, offering high visibility and accessibility due to its Highway 72 location and approximately 200 feet of road frontage.; High-traffic area with flexible zoning allowing for commercial, multi-family, or industrial development.; Convenient access to major transportation routes, including proximity to County Line Road and Old Railroad Bed Road.
    Request Owner's contact information
    29943 Us-72 Madison, AL 35756
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    Madison, AL 35756
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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
    29943 Us-72 Madison, AL 35756
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