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    14595 Hwy Hazel Green, AL 35750

    For Sale
    Contact for pricing

    44 acres, prime retail development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 44.13-acre commercial development site in Hazel Green, Alabama, presents a unique investment opportunity. Located on Highway 231-431 near Charity Lane, this property boasts high traffic counts and is directly connected to a Walmart Supercenter. The site is situated within a rapidly growing residential community, serving as a bedroom community for both Huntsville, Alabama, and Fayetteville, Tennessee. This prime location offers significant potential for retail development, with the ability to build outlots or larger tracts along the frontage connector road. The property benefits from its proximity to a thriving retail corridor, featuring established businesses such as Walmart, Hibbett Sports, Dollar Tree, Pet Depot, Burger King, Arby's, Zaxby's, Papa Murphy's, Dollar General, Taco Bell, Great Clips, AT&T, Foodland, Subway, H&R Block, and Rite Aid. An adjacent 325-acre parcel is currently under residential construction, further enhancing the area's growth potential and ensuring a strong customer base for future retail ventures. This is a rare opportunity to capitalize on the burgeoning commercial activity in this high-demand location. The property is zoned for commercial use and is ready for immediate development.

    Property Features for 14595 Hwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,922,303 SF

    HighLights

    • High‑growth Hazel Green, AL location, ideal for retail development.
    • High traffic counts on Hwy 231‑431.
    • Adjacent to Hazel Green's main retail center anchored by Walmart.
    • Strong retail tenant mix including Walmart, Hibbett Sports, Dollar Tree, and numerous national and local brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hazel Green
    County
    Madison
    State
    Alabama
    Longitude
    -86.574582
    Latitude
    34.9457609

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    FAQs

    What type of property is this?
    Multifamily property - 44 acres, prime retail development
    Where is this multifamily property located?
    The property is located at 14595 Hwy Hazel Green, AL.
    What are key features of this property?
    This property features: High-growth Hazel Green, AL location, ideal for retail development.; High traffic counts on Hwy 231-431.; Adjacent to Hazel Green's main retail center anchored by Walmart.
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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
    14595 Hwy Hazel Green, AL 35750
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