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    Royal Dr Madison, AL 35758

    For Sale
    $1,057,400

    8.81 Acres, M-1 Zoning, All Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8.81-acre parcel presents a prime opportunity for industrial development in Madison, Alabama's thriving Jetplex area. Strategically located on Royal Dr, 35758, this property boasts convenient access to major transportation routes and infrastructure. The land is zoned M-1 Restricted Industrial, ensuring a wide range of potential uses. All essential utilities are readily available, simplifying the development process and minimizing upfront costs. Priced at $1,057,400, or $120,000 per acre, this represents a compelling investment in a high-growth area. The property is offered as a single, indivisible parcel, ideal for a large-scale industrial project. Its substantial size and strategic location within the Jetplex area make it an attractive proposition for businesses seeking to establish or expand their operations in a dynamic and rapidly developing region of Alabama. The property's M-1 zoning ensures compliance with local regulations, streamlining the permitting and construction phases. This is a rare opportunity to acquire a significant land holding in a highly sought-after industrial zone. Don't miss this chance to secure a foothold in Madison's burgeoning industrial sector.

    Property Features for 0 Royal Dr

    General Information

    Property type
    Land
    Lot Size
    383,764 SF

    HighLights

    • Asking price: $1,057,400
    • 8.81‑acre land parcel in Madison, Alabama
    • M‑1 Restricted Industrial zoning
    • Located in the Jetplex area
    • $120,000 per acre land value
    • Utilities available on‑site
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.759603
    Latitude
    34.683948

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    FAQs

    What type of property is this?
    Land - 8.81 Acres, M-1 Zoning, All Utilities
    Where is this land located?
    The property is located at Royal Dr Madison, AL.
    What is the asking price?
    The asking price for this property is $1,057,400.
    What are key features of this property?
    This property features: Asking price: $1,057,400; 8.81-acre land parcel in Madison, Alabama; M-1 Restricted Industrial zoning
    Request Owner's contact information
    Royal Dr Madison, AL 35758
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    Madison, AL 35758
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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
    Royal Dr Madison, AL 35758
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