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    12703 Hwy Meridianville, AL 35759

    Sponsored
    For Sale
    Contact for pricing

    High-traffic Hwy 231/431 lot, owner will divide.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.91-acre commercial land parcel presents a remarkable investment opportunity in Hazel Green, Alabama. Strategically located on Highway 231/431, the property boasts an impressive 200 feet of frontage, ensuring high visibility and accessibility for any business. With a daily traffic count of 28,070 vehicles, this location guarantees significant exposure to potential customers. The absence of zoning restrictions offers unparalleled flexibility for development, allowing for a wide range of commercial uses. The owner is willing to divide the property, making it suitable for smaller-scale ventures or partnerships. Sewer availability simplifies the development process, reducing infrastructure costs and accelerating project timelines. Priced competitively at $8 per square foot, this land offers a compelling return on investment. The property's address is 12703 Highway 231/431, Meridianville, AL 35759. Its precise coordinates are latitude 34.8688204 and longitude -86.5501654. Don't miss this chance to secure a prime commercial location in a thriving area.

    Property Features for 12703 Hwy

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • 0.91‑acre commercial land parcel in Hazel Green, AL, offering high visibility and accessibility.
    • 200 feet of highway frontage on Highway 231/431, with a daily traffic count of 28,070 vehicles.
    • Unzoned, allowing for flexible commercial development and potential for subdivision.
    • Sewer availability simplifies development.
    • Priced at $8/SF.
    • Located at 12703 Highway 231/431, Meridianville, AL 35759 (34.8688204, -86.5501654).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5501654
    Latitude
    34.8688204

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 231/431 lot, owner will divide.
    Where is this land located?
    The property is located at 12703 Hwy Meridianville, AL.
    What are key features of this property?
    This property features: 0.91-acre commercial land parcel in Hazel Green, AL, offering high visibility and accessibility.; 200 feet of highway frontage on Highway 231/431, with a daily traffic count of 28,070 vehicles.; Unzoned, allowing for flexible commercial development and potential for subdivision.
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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
    12703 Hwy Meridianville, AL 35759
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