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    Martin Rd Huntsville, AL 35824

    For Sale
    $359,370

    1.65-acre lot, residential zoning, Martin Road frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.65-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Located on Martin Road SW, this property boasts convenient access to Highway 72, ensuring excellent visibility and connectivity. Currently zoned for residential use, the land offers significant potential for various commercial developments, subject to necessary approvals and permits. The asking price is $359,370, translating to a land value of $5 per square foot. The property's strategic location and ample acreage make it ideal for a range of commercial ventures. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a sizable parcel of land in a thriving Alabama market with strong potential for future growth and return on investment. The property's address is Martin Road SW, Huntsville, AL 35824. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. The latitude and longitude coordinates are 34.6449027, -86.7063859 respectively.

    Property Features for 0 Martin Rd

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • Prime Martin Road frontage.
    • Convenient Highway 72 access.
    • Residential zoning.
    • Inquire for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.7063859
    Latitude
    34.6449027

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    FAQs

    What type of property is this?
    Land - 1.65-acre lot, residential zoning, Martin Road frontage.
    Where is this land located?
    The property is located at Martin Rd Huntsville, AL.
    What is the asking price?
    The asking price for this property is $359,370.
    What are key features of this property?
    This property features: Prime Martin Road frontage.; Convenient Highway 72 access.; Residential zoning.
    Request Owner's contact information
    Martin Rd Huntsville, AL 35824
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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
    Martin Rd Huntsville, AL 35824
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