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    Lee Hwy Huntsville, AL 35806

    For Sale
    Contact for pricing

    Prime Huntsville location, development-ready land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11.43-acre parcel presents a rare opportunity for development in Huntsville, Alabama. Strategically located along Lee Highway (HWY 72 East) and University Boulevard, this property enjoys unparalleled visibility and accessibility within a thriving commercial corridor. The site is surrounded by a diverse mix of residential neighborhoods, hotels, retail establishments, and apartments, ensuring high traffic volume and maximum exposure. Currently zoned as "NO ZONING," this presents a unique opportunity to shape the future of this highly sought-after area. Situated between the MidCity District and Village of Providence, this is one of the last remaining undeveloped tracts along this busy thoroughfare. The land has already undergone meticulous clearing, making it development-ready and significantly reducing pre-construction costs and timelines. Its location on one of Huntsville's most trafficked corridors guarantees high daily vehicle counts, maximizing the potential for any future development. This property offers an exceptional investment opportunity for developers seeking prime real estate in a dynamic and rapidly growing area of Huntsville, Madison County, Alabama, zip code 35806. The property's latitude and longitude coordinates are 34.74722107, -86.68841045 respectively.

    Property Features for 0 Lee Hwy

    General Information

    Property type
    Land
    Lot Size
    497,891 SF

    HighLights

    • High‑traffic location on a major Huntsville thoroughfare, providing excellent visibility.
    • Rare undeveloped land parcel on University Drive & Hwy 72, near MidCity & Village of Providence.
    • Cleared and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.68841045
    Latitude
    34.74722107

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    FAQs

    What type of property is this?
    Land - Prime Huntsville location, development-ready land.
    Where is this land located?
    The property is located at Lee Hwy Huntsville, AL.
    What are key features of this property?
    This property features: High-traffic location on a major Huntsville thoroughfare, providing excellent visibility.; Rare undeveloped land parcel on University Drive & Hwy 72, near MidCity & Village of Providence.; Cleared and ready for immediate development.
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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
    Lee Hwy Huntsville, AL 35806
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