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    1316 Us Highway 72 Athens, AL 35611

    For Sale
    Contact for pricing

    Prime Commercial Land Near Toyota/Mazda Plant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering presents a unique investment opportunity in Athens, Alabama. Located at 1316 US Highway 72 E, this property boasts a sizable lot ranging from 0.8 to 1.32 acres, providing ample space for development. The strategic location offers significant advantages, including signalized access directly from Highway 72, as well as convenient access points at Eidson Street and Audubon Lane. This ensures high visibility and easy accessibility for potential businesses. The property's proximity to the new Toyota/Mazda plant (just 8 miles away) presents a compelling investment case, anticipating increased demand for commercial services and infrastructure in the area. High traffic counts further enhance its appeal, with 35,840 AADT on Highway 72 and 31,170 AADT on I-65. This translates to significant potential for high foot traffic and customer reach. The land is ideally suited for a variety of commercial ventures, including hotels and smaller businesses, making it a versatile and attractive option for developers and investors seeking to capitalize on the growth spurred by the automotive plant's opening. Fifteen developed commercial lots are available, providing flexibility in development plans. This is a rare opportunity to secure a prime location in a rapidly developing area. Don't miss out on this chance to be part of Athens' exciting future.

    Property Features for 1316 Us Highway 72

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • Signalized access on Hwy 72.
    • Access from Eidson St. and Audubon Ln.
    • Prime location to capitalize on the upcoming Toyota/Mazda plant.
    • 8 miles from the new Toyota/Mazda plant.
    • Ideal for hotels and small businesses.
    • Hwy 72 traffic count: 35,840 AADT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bojangles Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Limestone
    State
    Alabama
    Longitude
    -87.0824045
    Latitude
    34.761354

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land Near Toyota/Mazda Plant
    Where is this land located?
    The property is located at 1316 Us Highway 72 Athens, AL.
    What are key features of this property?
    This property features: Signalized access on Hwy 72.; Access from Eidson St. and Audubon Ln.; Prime location to capitalize on the upcoming Toyota/Mazda plant.
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    1316 Us Highway 72 Athens, AL 35611
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    Athens, AL 35611
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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
    1316 Us Highway 72 Athens, AL 35611
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