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    6939 Highway 72 Huntsville, AL 35806

    For Sale
    $1,200,000

    1.6-acre commercial lot, prime Huntsville location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.6-acre commercial land parcel presents a remarkable investment opportunity in Huntsville, Alabama. Located at 6939 Hwy 72 W, this property boasts 314.52 feet of road frontage on Highway 72, providing excellent visibility and accessibility. Its strategic corner lot position offers significant advantages for development. The site enjoys convenient access to major thoroughfares including Highway 72, Research Park Boulevard, and Northwest Providence, ensuring seamless connectivity. Nearby amenities such as Kroger, various restaurants, and shopping centers cater to a thriving local community. The property's location directly across from Audi, Volkswagen, and Mazda dealerships, and facing an apartment complex, creates a high-traffic environment with substantial potential for commercial success. This open land parcel is priced at $1,200,000 and is zoned for commercial use (verification required). The property's size and location make it ideal for a variety of commercial ventures, offering a unique chance to establish a presence in a rapidly growing area of Huntsville, Madison County, Alabama, zip code 35806.

    Property Features for 6939 Highway 72

    General Information

    Property type
    Land
    Lot Size
    69,696 SF

    HighLights

    • Corner lot.
    • 314.52 feet of Hwy 72 frontage.
    • Vacant land.
    • Excellent access to Hwy 72, Research Park Blvd., Providence, Kroger, and numerous restaurants & shops.
    • Directly across from Audi, Volkswagen, and Mazda dealerships.
    • Situated in front of an apartment complex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life Storage - Huntsville Self-Storage Facility

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.706563295293
    Latitude
    34.752743420956

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    FAQs

    What type of property is this?
    Land - 1.6-acre commercial lot, prime Huntsville location.
    Where is this land located?
    The property is located at 6939 Highway 72 Huntsville, AL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Corner lot.; 314.52 feet of Hwy 72 frontage.; Vacant land.
    Request Owner's contact information
    6939 Highway 72 Huntsville, AL 35806
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    Huntsville, AL 35806
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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
    6939 Highway 72 Huntsville, AL 35806
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