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    283 Pine Grove Rd Madison, AL 35757

    Sponsored
    For Sale
    $1,100,000

    Prime 1-acre commercial lot in Madison, AL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot is strategically located at the corner of Pine Grove Road and Wall Triana Highway in Madison, Alabama, zip code 35757. Boasting a highly visible frontage on Pine Grove Road, this property directly faces the Shops at Pine Grove, a thriving retail center that attracts an impressive 1.1 million annual visits. The property's location within one of Madison County's fastest-growing submarkets presents a significant investment opportunity. This area has experienced substantial recent growth, with approximately 650 new homes constructed within a 5-minute drive, and over 1,000 multi-family units either permitted or completed within the same radius. The surrounding area offers a robust retail environment, including a Publix grocery store, a Neighborhood Walmart, and various national quick-service restaurants, ensuring high traffic and visibility for any commercial development. The asking price for this exceptional property is $1,100,000, representing a compelling value given its prime location and the significant growth potential of the surrounding area. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly expanding market. The property's address is 283 Pine Grove Rd, Madison, AL 35757.

    Property Features for 283 Pine Grove Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot at 283 Pine Grove Rd, Madison, AL 35757.
    • High visibility corner lot at Pine Grove Rd and Wall Triana Hwy, directly across from Shops at Pine Grove (1.1M annual visits).
    • Located in a high‑growth Madison County submarket with 650+ new homes and 1,000+ multi‑family units recently built or under construction nearby.
    • Strong retail environment with Publix, Walmart, and national QSRs nearby.
    • Asking price: $1,100,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Shops at Pine Grove Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7473299
    Latitude
    34.7942617

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Madison, AL
    Where is this land located?
    The property is located at 283 Pine Grove Rd Madison, AL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1-acre commercial lot at 283 Pine Grove Rd, Madison, AL 35757.; High visibility corner lot at Pine Grove Rd and Wall Triana Hwy, directly across from Shops at Pine Grove (1.1M annual visits).; Located in a high-growth Madison County submarket with 650+ new homes and 1,000+ multi-family units recently built or under construction nearby.
    Request Owner's contact information
    283 Pine Grove Rd Madison, AL 35757
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    Madison, AL 35757
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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
    283 Pine Grove Rd Madison, AL 35757
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