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    Hwy 72 Athens, AL 35611

    For Sale
    $2,158,000

    10.79 Acres, Hwy 72 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10.79-acre commercial land parcel presents a remarkable investment opportunity in Madison County, Alabama. Strategically located at 0 Hwy 72 W in Athens, near Madison, this property boasts significant frontage on two major roadways: approximately 825 feet on Highway 72 West and approximately 860 feet on West Washington Street. The high-traffic location, with an estimated 19,800 vehicles passing daily, makes it ideal for a variety of commercial developments. The zoning is designated as "N/A County," requiring further due diligence to determine permitted uses. The asking price is $2,158,000, translating to $200,000 per acre, reflecting the prime location and development potential. This substantial acreage offers ample space for retail, industrial, or other commercial ventures, capitalizing on the high visibility and substantial daily traffic count. The property's address is 0 Hwy 72 W, Athens, AL 35611. Given its size, location, and traffic volume, this property represents a compelling investment opportunity for discerning buyers seeking a high-impact commercial development site. Further investigation into permitted uses and development possibilities is recommended.

    Property Features for 0 Hwy 72

    General Information

    Property type
    Land
    Lot Size
    470,012 SF

    HighLights

    • 10.79‑acre commercial land parcel in Athens, AL, near Madison.
    • High‑traffic location with approximately 825' of frontage on Hwy 72 W and 860' on West Washington St.
    • Zoned N/A County; buyer to perform due diligence on permitted uses.
    • Asking price: $2,158,000 ($200,000/acre).
    • Ideal for retail or industrial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    Madison
    State
    Alabama
    Longitude
    -87.0824045
    Latitude
    34.761354

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    FAQs

    What type of property is this?
    Land - 10.79 Acres, Hwy 72 Frontage
    Where is this land located?
    The property is located at Hwy 72 Athens, AL.
    What is the asking price?
    The asking price for this property is $2,158,000.
    What are key features of this property?
    This property features: 10.79-acre commercial land parcel in Athens, AL, near Madison.; High-traffic location with approximately 825' of frontage on Hwy 72 W and 860' on West Washington St.; Zoned N/A County; buyer to perform due diligence on permitted uses.
    (256) 533-0003
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    Hwy 72 Athens, AL 35611
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    Athens, AL 35611
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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
    Hwy 72 Athens, AL 35611
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