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    11938 Us-431 Meridianville, AL 35759

    Sponsored
    For Sale
    $6,000,000

    11.87 Acres, Highway 231/431

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.87-acre commercial land parcel presents a prime development opportunity in Meridianville, Alabama. Located on Highway 231/431, the property boasts 1350 feet of road frontage, providing excellent visibility and accessibility. Comprising two parcels, this land offers significant potential for various commercial ventures. The absence of formal zoning and deed restrictions allows for flexible development plans. Convenient access to water, power, and private sewer service through Integra Water is already in place. Situated just two miles from the new bypass at Bob Wade, this location offers unparalleled convenience and exposure to a growing market. The property's strategic position and extensive road frontage make it an ideal investment for developers seeking a high-impact commercial project. All information should be independently verified by the buyer. Contact us today to explore the possibilities.

    Property Features for 11938 Us-431

    General Information

    Property type
    Land
    Lot Size
    517,057 SF

    HighLights

    • $6,000,000 asking price.
    • 11.87‑acre commercial land parcel.
    • Located on Highway 231/431 in Meridianville, AL, near the new Bob Wade Bypass.
    • 1,350 feet of road frontage.
    • No zoning restrictions and no deed restrictions.
    • Utilities available: water, power, and private sewer (Integra Water).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5712104
    Latitude
    34.8598035

    Nearby Comparable

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      Meridianville Commercial Land

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      Meridianville Commercial Land - 36 Acres

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    Nearby Similar for Sale

    • $600,000
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      Meridianville Car Wash Business Opportunity

      Five-bay self-service car wash on approximately 0.97 acres.
      134 Patterson Ln, Meridianville, AL 35759
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      View Details

    FAQs

    What type of property is this?
    Land - 11.87 Acres, Highway 231/431
    Where is this land located?
    The property is located at 11938 Us-431 Meridianville, AL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: $6,000,000 asking price.; 11.87-acre commercial land parcel.; Located on Highway 231/431 in Meridianville, AL, near the new Bob Wade Bypass.
    Request Owner's contact information
    11938 Us-431 Meridianville, AL 35759
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    Meridianville, AL 35759
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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
    11938 Us-431 Meridianville, AL 35759
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