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    1781 Capshaw Rd Madison, AL 35757

    For Sale
    $440,000

    Prime Commercial/Residential Land Near Hwy 72

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.4-acre parcel presents a unique opportunity for diverse development. Located in Madison County, Alabama, near Clift Farms and Highway 72, this unzoned property offers significant flexibility for commercial ventures or residential construction. The land is largely level and features a tranquil creek and trees at the rear, providing a scenic backdrop. Its convenient location places it approximately one mile from Clift Farms and offers easy access to Highway 72, ensuring excellent visibility and connectivity. The property's address is 1781 Capshaw Road, Madison, AL 35757, situated between Old Railroad Bed Road and Balch Road, just a short distance west of a newly constructed Dollar General store. Currently, two mobile homes are on the property, but these will be removed prior to closing. The asking price for this versatile land is $440,000. This presents a rare chance to acquire a substantial tract of land in a rapidly growing area, ideal for a variety of uses, from building a custom home to establishing a commercial enterprise. The absence of zoning restrictions allows for creative development options, making this property a truly compelling investment.

    Property Features for 1781 Capshaw Rd

    General Information

    Property type
    Farms
    Lot Size
    278,784 SF

    HighLights

    • $440,000 asking price.
    • 6.4‑acre land parcel.
    • Unzoned property.
    • Located in Madison, Alabama (35757), near Clift Farms and Hwy 72.
    • Level land with trees and a creek.
    • Suitable for residential or commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Kitchen & Bath Department Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.7813714
    Latitude
    34.7737914

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    FAQs

    What type of property is this?
    Farm - Prime Commercial/Residential Land Near Hwy 72
    Where is this farm located?
    The property is located at 1781 Capshaw Rd Madison, AL.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: $440,000 asking price.; 6.4-acre land parcel.; Unzoned property.
    Request Owner's contact information
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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
    1781 Capshaw Rd Madison, AL 35757
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