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    13808 Us-231 Hazel Green, AL 35750

    For Sale
    $1,200,000

    4.1 Acres, Hwy 231/431, Alabama

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.1-acre commercial land parcel presents a unique investment opportunity in the thriving Hazel Green, Alabama market. Strategically located on Highway 231/431, this property boasts high visibility and easy access, making it ideal for a variety of commercial ventures. The land is zoned County and comprises three separate tracts, offering flexibility in development plans. Currently, the property includes two existing houses and one retail store, providing immediate income potential or redevelopment options. The asking price is $1,200,000. This prime location in Madison County offers significant growth potential, catering to the increasing demand for commercial space in the area. The property's size and location make it suitable for multi-family development, retail expansion, or a mixed-use project. With its existing structures and ample space, this property offers a compelling blend of immediate return and long-term growth prospects. The address is 13808 US-231, Hazel Green, AL 35750. Detailed zoning information and survey data are available upon request. This is a rare opportunity to acquire a substantial commercial property in a rapidly developing area. Don't miss out on this chance to secure a valuable asset in a prime location.

    Property Features for 13808 Us-231

    General Information

    Property type
    Land
    Lot Size
    178,596 SF

    HighLights

    • 4.1‑acre commercial land parcel in Hazel Green, AL, zoned County.
    • High‑visibility location on Highway 231/431 with easy access.
    • Three separate tracts offer flexible development options.
    • Includes two houses and one retail store, providing immediate income potential.
    • Asking price: $1,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hazel Green
    County
    Madison
    State
    Alabama
    Longitude
    -86.5714955
    Latitude
    34.9185536

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    FAQs

    What type of property is this?
    Land - 4.1 Acres, Hwy 231/431, Alabama
    Where is this land located?
    The property is located at 13808 Us-231 Hazel Green, AL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 4.1-acre commercial land parcel in Hazel Green, AL, zoned County.; High-visibility location on Highway 231/431 with easy access.; Three separate tracts offer flexible development options.
    Request Owner's contact information
    13808 Us-231 Hazel Green, AL 35750
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    Hazel Green, AL 35750
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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
    13808 Us-231 Hazel Green, AL 35750
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