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    8814 Highway 72 Madison, AL 35758

    For Sale
    $850,000

    Prime 0.56-acre corner lot for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.56-acre commercial lot presents a remarkable development opportunity in Madison County, Alabama. Strategically located at 8814 Hwy 72, this property boasts a highly visible corner location just one block east of County Line Road, ensuring significant exposure to high traffic volume. The unincorporated location of the land offers flexibility in development plans, free from restrictive zoning ordinances. This prime parcel is ideally suited for a diverse range of commercial ventures. Consideration could include, but is not limited to, fast-food restaurants, urgent care facilities, mixed-use developments, healthcare facilities, banks, coffee shops, pharmacies, or vehicle repair shops. The asking price for this exceptional property is $850,000. Its size and location make it an attractive investment for developers seeking a high-impact commercial project in a rapidly growing area. The property's address is 8814 Hwy 72, Madison, AL 35758. Given its prime location and lack of zoning restrictions, this presents a unique chance to build a successful business. Don't miss this opportunity to acquire a highly desirable commercial lot in a thriving Alabama market.

    Property Features for 8814 Highway 72

    General Information

    Property type
    Land
    Lot Size
    24,394 SF

    HighLights

    • $850,000 asking price.
    • 0.56‑acre commercial land parcel.
    • Located at 8814 Hwy 72, Madison, AL 35758.
    • Excellent corner lot in unincorporated Madison County, Alabama.
    • Suitable for various commercial uses including fast food, urgent care, mixed‑use development, and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7823707
    Latitude
    34.7480457

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    FAQs

    What type of property is this?
    Land - Prime 0.56-acre corner lot for development.
    Where is this land located?
    The property is located at 8814 Highway 72 Madison, AL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 0.56-acre commercial land parcel.; Located at 8814 Hwy 72, Madison, AL 35758.
    (256) 714-1300
    Request Owner's contact information
    8814 Highway 72 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
    8814 Highway 72 Madison, AL 35758
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