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    255 Hwy Huntsville, AL 35810

    For Sale
    $2,171,029

    8.81 Acres, High Visibility, R1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.81-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Strategically located on Highway 255 and Kelly Cemetery Road in Northwest Huntsville, this property boasts significant frontage and high visibility. The land is divided into two parcels, offering flexibility for development. Parcel 1, a desirable corner lot, provides 615 feet of frontage on Highway 255 and 290 feet on Kelly Cemetery Road. Parcel 2 offers substantial frontage with 1475 feet along the busy Highway 255. Currently zoned R1, the property presents potential for rezoning, opening up a range of development possibilities. The location offers easy access to major roadways and is approximately three miles from the proposed new PGA Golf Resort, presenting significant future growth potential. The asking price for this prime commercial land is $2,171,029. This is an ideal opportunity for developers seeking high-visibility land in a rapidly growing area of Huntsville, Madison County, Alabama, zip code 35810. The property's size and location make it suitable for a variety of commercial ventures.

    Property Features for 255 Hwy

    General Information

    Property type
    Land
    Lot Size
    383,764 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.6510577
    Latitude
    34.8070965

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    FAQs

    What type of property is this?
    Land - 8.81 Acres, High Visibility, R1 Zoning
    Where is this land located?
    The property is located at 255 Hwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $2,171,029.
    (256) 533-0003
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    255 Hwy Huntsville, AL 35810
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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
    255 Hwy Huntsville, AL 35810
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