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    5850 Highway 53 Harvest, AL 35749

    For Sale
    $640,000

    1.13-Acre Commercial Lot, High-Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.13-acre commercial land parcel presents a unique investment opportunity in the thriving Harvest community of Madison County, Alabama. Situated at 5850 Highway 53, this Lot 6A outparcel is ideally located within the bustling Harvest Square shopping center, anchored by a Publix supermarket. The high visibility and convenient access afforded by its Highway 53 location ensure significant exposure to a substantial customer base. Priced at $640,000, or $13 per square foot, this property offers exceptional value for developers and investors seeking a prime location for a variety of commercial ventures. The land's size and strategic placement within a well-established retail center make it an attractive prospect for businesses seeking high foot traffic and strong brand visibility. The Harvest area, just northwest of Huntsville, is experiencing robust growth, making this a particularly compelling investment in a dynamic and expanding market. This is a rare opportunity to acquire a highly desirable commercial lot in a prime location with excellent potential for future growth and profitability. The property is zoned for commercial use and ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a piece of this thriving Alabama commercial landscape.

    Property Features for 5850 Highway 53

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • 1.13‑acre commercial lot in Harvest, AL's Harvest Square shopping center, anchored by Publix.
    • High‑visibility location on Highway 53, offering significant exposure to a large customer base.
    • Priced at $640,000 ($13/SF), ideal for developers and investors seeking a prime location.
    • Zoned for commercial use and ready for immediate development.
    • Located in the rapidly growing Harvest community, just northwest of Huntsville, AL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harvest
    County
    Madison
    State
    Alabama
    Longitude
    -86.7108255
    Latitude
    34.8463845

    Nearby Comparable

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      Highway 53 Commercial Land Opportunity

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    FAQs

    What type of property is this?
    Land - 1.13-Acre Commercial Lot, High-Traffic Area
    Where is this land located?
    The property is located at 5850 Highway 53 Harvest, AL.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: 1.13-acre commercial lot in Harvest, AL's Harvest Square shopping center, anchored by Publix.; High-visibility location on Highway 53, offering significant exposure to a large customer base.; Priced at $640,000 ($13/SF), ideal for developers and investors seeking a prime location.
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    5850 Highway 53 Harvest, AL 35749
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    Harvest, AL 35749
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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
    5850 Highway 53 Harvest, AL 35749
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