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    Al-279 Scottsboro, AL 35769

    Sponsored
    For Sale
    $225,000

    3.2-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.2-acre commercial land parcel is strategically located in Scottsboro, Alabama, at the intersection of Highway 79 and Highway 279 (South Broad Street). Zoned M-1, this property presents a remarkable opportunity for diverse commercial development. The asking price is $225,000, translating to $75,000 per acre, reflecting its prime location and development potential. Situated on South Broad Street, one parcel east of Highway 79, this site offers excellent visibility and accessibility. Its versatile zoning allows for a range of uses, including office buildings, warehouses, or retail establishments. The property is ideal for businesses seeking a high-traffic location with ample space for expansion. The lease on the existing property expires on October 21, 2023. This presents a unique chance to acquire a well-positioned commercial lot in a thriving Alabama community. The property is located in Jackson County, Alabama, with a Scottsboro zip code of 35769. Currently, the occupancy type is single tenant. This property is ready for immediate development or investment.

    Property Features for 0 Al-279

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • 3.2‑acre commercial land parcel in Scottsboro, AL.
    • Located at the intersection of Highway 79 and Highway 279 (South Broad Street).
    • M‑1 zoning allows for diverse commercial development (office, warehouse, retail).
    • Asking price: $225,000 ($75,000/acre).
    • Excellent visibility and accessibility; single‑tenant occupancy; lease expires October 21, 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Scottsboro
    County
    Jackson
    State
    Alabama
    Longitude
    -86.068185601573
    Latitude
    34.611112070954

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    FAQs

    What type of property is this?
    Land - 3.2-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Al-279 Scottsboro, AL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 3.2-acre commercial land parcel in Scottsboro, AL.; Located at the intersection of Highway 79 and Highway 279 (South Broad Street).; M-1 zoning allows for diverse commercial development (office, warehouse, retail).
    (256) 426-1165
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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
    Al-279 Scottsboro, AL 35769
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