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    27590 Us-431 Grant, AL 35747

    Sponsored
    For Sale
    $599,000

    3.68 Acres, Lake Views, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.68-acre property boasts a prime location along US Highway 431 in Grant, Alabama, offering unparalleled visibility and accessibility. Situated across from Lake Guntersville, the land enjoys stunning lake views, enhancing its desirability and potential. The property features approximately 345 feet of frontage on this major north-south Alabama corridor, experiencing over 22,000 vehicles daily, ensuring significant exposure for any commercial venture. Located in Marshall County, this unzoned land presents a unique opportunity for diverse development. Its proximity to Huntsville (under 30 minutes away), a city with a population of approximately 500,000, further amplifies its investment potential. An existing house is included in the sale "as is, where is," providing additional flexibility for future plans. The asking price is $599,000. This versatile land is ideal for a variety of commercial uses, capitalizing on its high traffic location and picturesque setting. The absence of zoning regulations opens doors to creative development possibilities.

    Property Features for 27590 Us-431

    General Information

    Property type
    Land
    Lot Size
    160,301 SF

    HighLights

    • 3.68‑acre commercial lot on US Highway 431 in Grant, Alabama.
    • High‑traffic location with over 22,000 vehicles per day.
    • Stunning lake views across from Lake Guntersville.
    • 345+ feet of highway frontage.
    • Unzoned land in Marshall County, offering flexible development options.
    • Less than 30 minutes from Huntsville (pop. ~500,000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grant
    County
    Marshall
    State
    Alabama
    Longitude
    -86.31813
    Latitude
    34.45586

    Nearby Comparable

    • $599,000
      3.68 Acres

      Land with Highway Frontage

      3.68 acres with highway frontage and lake views.
      27590 Us Highway 431, Grant, AL 35747
      View Details
    • $274,999

      Lake Guntersville Boathouse with Slip

      Private boathouse on Lake Guntersville with slip and electric lift.
      25900 Hwy 431 N, Grant, AL 35747
      View Details

    Nearby Similar for Sale

    • $274,999

      Lake Guntersville Boathouse with Slip

      Private boathouse on Lake Guntersville with slip and electric lift.
      25900 Hwy 431 N, Grant, AL 35747
      View Details
    • $2,300,000
      15,534 SF

      Grant, AL Multifamily Portfolio

      17-Unit Rental Property, High ROI
      3226 Cathedral Caverns Hwy, Grant, AL 35747
      View Details

    FAQs

    What type of property is this?
    Land - 3.68 Acres, Lake Views, High Traffic
    Where is this land located?
    The property is located at 27590 Us-431 Grant, AL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 3.68-acre commercial lot on US Highway 431 in Grant, Alabama.; High-traffic location with over 22,000 vehicles per day.; Stunning lake views across from Lake Guntersville.
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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
    27590 Us-431 Grant, AL 35747
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