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    231 Hwy Midland City, AL 36360

    For Sale
    $630,000

    8.3 Acres, Hwy 231 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8.3-acre industrial property boasts prominent frontage on Highway 231 and Mance Newton Road in Midland City, Alabama (zip code 36360). Located in Dale County, this large corner lot presents significant development potential for multiple users. The asking price is $630,000. Previous on-site tanks have been removed, leaving a clean slate for future projects. Comprehensive environmental assessments have been completed, with favorable reports from both the Alabama Department of Environmental Management (ADEM) and Polyengineering, ensuring a smooth and transparent transition for prospective buyers. The property's strategic location and ample space make it ideal for a variety of industrial uses, offering excellent visibility and accessibility. Its size and highway frontage provide significant advantages for businesses seeking a prominent presence in this thriving area of Alabama. The property is ready for immediate development, eliminating the need for extensive remediation or cleanup. Detailed environmental reports are available upon request. This is a rare opportunity to acquire a substantial, well-situated industrial parcel in a rapidly growing region. Don't miss this chance to secure a prime location for your next venture.

    Property Features for 231 Hwy

    General Information

    Property type
    Industrial properties
    Lot Size
    361,548 SF

    HighLights

    • 8.3‑acre industrial property in Midland City, AL (36360), prominently located on Highway 231 and Mance Newton Road.
    • $630,000 asking price.
    • Clean site; previous tanks removed and environmental assessments completed by ADEM and Polyengineering with favorable results.
    • Ready for immediate development; ideal for various industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland City
    County
    Dale
    State
    Alabama
    Longitude
    -85.5326767
    Latitude
    31.3300991

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    FAQs

    What type of property is this?
    Industrial property - 8.3 Acres, Hwy 231 Frontage
    Where is this industrial property located?
    The property is located at 231 Hwy Midland City, AL.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: 8.3-acre industrial property in Midland City, AL (36360), prominently located on Highway 231 and Mance Newton Road.; $630,000 asking price.; Clean site; previous tanks removed and environmental assessments completed by ADEM and Polyengineering with favorable results.
    Request Owner's contact information
    231 Hwy Midland City, AL 36360
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    Midland City, AL 36360
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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
    231 Hwy Midland City, AL 36360
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