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    6978 Hwy 431 Huntsville, AL 35763

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    For Sale
    Contact for pricing

    High-traffic retail outparcels near Food City

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity in Owens Cross Roads, Alabama. These outparcels, ranging from 1.39 to 8.23 acres, are situated on a signalized intersection at Taylor Lane and Highway 431, ensuring high visibility and accessibility. The property benefits from its location within the affluent Hampton Cove golfing community, shadowing a future Food City-anchored retail center. This prime location boasts proximity to over 2,800 homes within a large residential area featuring lakes, nature trails, and community spaces. The site enjoys convenient access to major retailers including Publix, Walmart Supercenter, and Lowe's Home Improvement, further enhancing its appeal. The parcels are zoned City of Huntsville C4, providing flexibility for various commercial developments. Furthermore, the property's proximity to Hampton Cove Elementary, Hampton Cove Middle School, Big Cove Christian Academy, downtown Huntsville, Jones Valley, and Huntsville Hospital's medical district adds significant value. The recently constructed "the Watts" multi-family development nearby further underscores the area's growth and potential. This is a rare opportunity to acquire land in a thriving, high-demand location.

    Property Features for 6978 Hwy 431

    General Information

    Property type
    Lifestyle centers
    Lot Size
    60,548 SF

    HighLights

    • C4 zoning, City of Huntsville.
    • High‑visibility location at the signalized intersection of Taylor Lane and Highway 431.
    • Excellent outparcel location near Publix, Walmart, Lowe's, and other major retailers, including Food City.
    • Close proximity to Hampton Cove Elementary, Hampton Cove Middle School, and Big Cove Christian Academy.
    • Convenient access to Downtown Huntsville, Jones Valley, and Huntsville Hospital.
    • Surrounded by established residential communities encompassing over 2,800 acres with homes, lakes, trails, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Hair Salon Clothing Store Storage Facility Women's Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.4794359
    Latitude
    34.6129163

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail outparcels near Food City
    Where is this lifestyle center located?
    The property is located at 6978 Hwy 431 Huntsville, AL.
    What are key features of this property?
    This property features: C4 zoning, City of Huntsville.; High-visibility location at the signalized intersection of Taylor Lane and Highway 431.; Excellent outparcel location near Publix, Walmart, Lowe's, and other major retailers, including Food City.
    Request Owner's contact information
    6978 Hwy 431 Huntsville, AL 35763
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    Huntsville, AL 35763
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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
    6978 Hwy 431 Huntsville, AL 35763
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