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    11902 Us-231 Meridianville, AL 35759

    Sponsored
    For Sale
    $1,395,111

    2.76 Acres, Highway 231/431 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional development opportunity awaits with this 2.76-acre commercial land parcel in Meridianville, Alabama. Strategically located on Highway 231/431, this property boasts excellent road frontage, providing high visibility and accessibility. Situated next to Windmill Beverage and in close proximity to the Madison County Executive Airport, this location offers significant advantages for businesses seeking convenient access to transportation and established infrastructure. The asking price is $1,395,111, translating to $505,475 per acre. This represents a smaller portion of a larger 11.87-acre tract; inquiries regarding the remaining acreage are welcome. The property is zoned for commercial use (zoning information should be independently verified). This prime location presents a unique chance to build a thriving business in a rapidly growing area. Detailed site plans and further information are available upon request. The property is offered for sale by owner. This is a rare opportunity to acquire a highly desirable commercial land parcel in a prime Meridianville location. Don't miss out on this chance to secure a piece of Madison County's thriving commercial landscape. Contact us today to learn more.

    Property Features for 11902 Us-231

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • 2.76‑acre commercial land parcel for sale in Meridianville, AL, priced at $1,395,111.
    • Located on Highway 231/431 with road frontage.
    • Adjacent to Windmill Beverage and near Madison County Executive Airport.
    • Excellent development opportunity; part of a larger 11.87‑acre tract.
    • Offered by Jones Properties and Commercial Leasing, LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.571206450018
    Latitude
    34.860637634961

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 2.76 Acres, Highway 231/431 Frontage
    Where is this land located?
    The property is located at 11902 Us-231 Meridianville, AL.
    What is the asking price?
    The asking price for this property is $1,395,111.
    What are key features of this property?
    This property features: 2.76-acre commercial land parcel for sale in Meridianville, AL, priced at $1,395,111.; Located on Highway 231/431 with road frontage.; Adjacent to Windmill Beverage and near Madison County Executive Airport.
    Request Owner's contact information
    11902 Us-231 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
    11902 Us-231 Meridianville, AL 35759
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