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    1655 Slaughter Rd Madison, AL 35758

    For Sale
    $2,290,000

    11.6 Acres, Multi-Use Zoning, $2.29M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11.6-acre development site presents a unique opportunity in Madison, Alabama. Strategically located at 1655 Slaughter Rd, Madison County, AL 35758, this property boasts versatile zoning designations, including CIP (Commercial Intensive Purpose), R2-A, and R2-B (Multi-Residential). The expansive lot size allows for a diverse range of development possibilities, catering to both commercial and residential projects. Envision the creation of apartments, condominiums, townhomes, or professional office spaces, all within a single, highly desirable location. The property's proximity to Highway 72 (approximately ¾ mile south) ensures excellent accessibility and visibility. This prime location offers significant potential for substantial returns on investment. Buyers are advised to independently verify all property details, including zoning regulations and school district information, prior to purchase. The asking price for this exceptional development opportunity is $2,290,000. Don't miss this chance to acquire a significant parcel of land in a thriving Alabama market.

    Property Features for 1655 Slaughter Rd

    General Information

    Property type
    Land
    Lot Size
    505,296 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.714505545431
    Latitude
    34.744920811439

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    FAQs

    What type of property is this?
    Land - 11.6 Acres, Multi-Use Zoning, $2.29M
    Where is this land located?
    The property is located at 1655 Slaughter Rd Madison, AL.
    What is the asking price?
    The asking price for this property is $2,290,000.
    (256) 714-1300
    Request Owner's contact information
    1655 Slaughter Rd 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
    1655 Slaughter Rd Madison, AL 35758
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