Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    231/431 Hwy Hazel Green, AL 35750

    For Sale
    $2,600,000

    7.22 Acres, Hwy 231/431, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.22-acre commercial land parcel presents a remarkable investment opportunity in the thriving Hazel Green, Alabama market. Strategically located on Highway 231/431, this property boasts over 200 feet of road frontage, ensuring high visibility and accessibility. The site's prime location directly across from a Walmart Supercenter guarantees significant daily traffic exposure, with an estimated 28,311 vehicles passing by per day. This translates to unparalleled potential for a wide range of commercial ventures. The property's considerable size offers ample space for development, accommodating various project scales and designs. Sewer access is readily available, simplifying infrastructure needs. Importantly, the property is currently unzoned, providing flexibility for future development plans and minimizing regulatory constraints. The parcel's APN is 03-04-19-0-000-001.009. This is a rare chance to acquire a highly visible, well-situated commercial land tract in a rapidly growing area. The asking price for this exceptional property is $2,600,000. Don't miss this opportunity to secure a prime piece of Alabama real estate.

    Property Features for 231/431 Hwy

    General Information

    Property type
    Land
    Lot Size
    314,503 SF

    HighLights

    • 7.22‑acre commercial land parcel in Hazel Green, AL.
    • Over 200 feet of highway frontage on Highway 231/431, providing high visibility.
    • High traffic count (approx. 28,311 vehicles daily) across from a Walmart Supercenter.
    • Ample space for various commercial developments.
    • Sewer access available.
    • Currently unzoned, offering development flexibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hazel Green
    County
    Madison
    State
    Alabama
    Longitude
    -86.571647589936
    Latitude
    34.945287113174

    Nearby Comparable

    • Contact for pricing
      44.13 Acres

      Hazel Green Commercial Land

      44 acres, prime retail development
      14595 Hwy, Hazel Green, AL 35750
      View Details
    • $525,000
      18,263 SF

      Pad-Ready Land in Hazel Green

      Fully developed land near schools and retail corridor in Hazel Green.
      14343 Highway 231 431 N, Hazel Green, AL 35750
      View Details

    Nearby Similar for Sale

    • $1,200,000
      2.00 Acres

      Hazel Green Commercial Property For Sale

      2-acre property with 5,000 sq. ft. building and home.
      15352 Hwy, Hazel Green, AL 35750
      View Details
    • $364,999
      0.50 Acres

      New Duplex in Hazel Green

      Newly built 2-bedroom duplex, ideal for living and renting.
      214 Fern Bank Dr, Hazel Green, AL 35750
      View Details
    • $325,000
      0.70 Acres

      Hazel Green Carryout Restaurant

      Carryout restaurant with drive-through, indoor, and outdoor seating for sale.
      14054-56 Hwy, Hazel Green, AL 35750
      View Details
    • $397,000
      2.70 Acres

      Mobile Home Park Investment Opportunity

      Profitable mobile home park with expansion potential in Hazel Green.
      2364 Elkwood Section Rd, Hazel Green, AL 35750
      View Details
    • $2,002,000
      1,490 SF

      Hazel Green Sonic Investment

      High-growth area, strong NOI, NNN lease.
      14171 Us-231, Hazel Green, AL 35750
      View Details

    FAQs

    What type of property is this?
    Land - 7.22 Acres, Hwy 231/431, High Traffic
    Where is this land located?
    The property is located at 231/431 Hwy Hazel Green, AL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 7.22-acre commercial land parcel in Hazel Green, AL.; Over 200 feet of highway frontage on Highway 231/431, providing high visibility.; High traffic count (approx. 28,311 vehicles daily) across from a Walmart Supercenter.
    Request Owner's contact information
    231/431 Hwy Hazel Green, AL 35750
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    231/431 Hwy
    Hazel Green, AL 35750
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    231/431 Hwy Hazel Green, AL 35750
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.