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    Nauvoo Road/Cr11 Nauvoo, AL 35578

    For Sale
    Contact for pricing

    17 Acres, I-22 Exit 46, Alabama

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Walker County, Alabama. Strategically located just off Interstate 22 at Exit 46, this property boasts unparalleled visibility and accessibility. Its prime location makes it ideal for a variety of commercial developments, including a travel center, restaurant, hotel, or distribution facility. The site offers over 1,700 feet of frontage on Nauvoo Road/CR 11, a road slated for future widening to three lanes, ensuring increased traffic flow and exposure. All essential utilities are readily available, including power, water, sewer, and gas, simplifying development and reducing upfront costs. The property's proximity to Birmingham, Alabama (approximately 54 miles away), further enhances its appeal and potential for significant return on investment. The land is priced at $65,500 per acre, representing a compelling value proposition given its size, location, and development potential. This is a rare opportunity to acquire a substantial commercial tract in a high-growth area with excellent infrastructure and convenient access to major transportation routes. Don't miss this chance to secure a prime piece of Alabama real estate.

    Property Features for 0 Nauvoo Road/Cr11

    General Information

    Property type
    Land
    Lot Size
    740,520 SF

    HighLights

    • 17 acres of commercial land in Walker County, Alabama, priced at $65,500/acre.
    • Excellent location near I‑22, Exit 46, ideal for a travel center, restaurant, hotel, or distribution facility.
    • All utilities (power, water, sewer, gas) available.
    • High visibility and easy access from I‑22, with over 1,700 feet of frontage on Nauvoo Road/CR 11.
    • Road widening to three lanes is proposed.
    • Located 54 miles from Birmingham, AL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nauvoo
    County
    Walker
    State
    Alabama
    Longitude
    -87.4963761
    Latitude
    33.9378632

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    FAQs

    What type of property is this?
    Land - 17 Acres, I-22 Exit 46, Alabama
    Where is this land located?
    The property is located at Nauvoo Road/Cr11 Nauvoo, AL.
    What are key features of this property?
    This property features: 17 acres of commercial land in Walker County, Alabama, priced at $65,500/acre.; Excellent location near I-22, Exit 46, ideal for a travel center, restaurant, hotel, or distribution facility.; All utilities (power, water, sewer, gas) available.
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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
    Nauvoo Road/Cr11 Nauvoo, AL 35578
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