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    University Dr Huntsville, AL 35806

    For Sale
    $950,000

    Prime 1.148-acre commercial lot in Huntsville, AL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.148-acre commercial land parcel presents a compelling investment opportunity in Huntsville, Alabama. Located on University Drive in Madison County, zip code 35806, this property boasts unparalleled visibility and accessibility due to its prime frontage on a major thoroughfare. The high daily traffic count ensures significant exposure for any development. Designated as an Opportunity Zone, this land offers substantial tax advantages for investors. The expansive lot size provides ample space for a variety of commercial projects, capitalizing on the area's robust growth and high demand. Its strategic location places it in close proximity to significant existing developments, further enhancing its value and potential for future appreciation. This is a rare chance to acquire a highly desirable commercial property in a thriving Alabama market. The asking price is $950,000. Don't miss this chance to secure a piece of Huntsville's vibrant commercial landscape. The property's coordinates are 34.746072 latitude and -86.686988 longitude.

    Property Features for 0 University Dr

    General Information

    Property type
    Land
    Lot Size
    50,007 SF

    HighLights

    • Opportunity Zone designation.
    • University Drive frontage.
    • High daily traffic counts.
    • Over one‑acre lot.
    • Proximity to major developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.686988
    Latitude
    34.746072

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    FAQs

    What type of property is this?
    Land - Prime 1.148-acre commercial lot in Huntsville, AL.
    Where is this land located?
    The property is located at University Dr 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: Opportunity Zone designation.; University Drive frontage.; High daily traffic counts.
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    University Dr Huntsville, AL 35806
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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
    University Dr Huntsville, AL 35806
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