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    224 Private Road 1568 Midland City, AL 36350

    For Sale
    $599,000

    18 Acres, Two Warehouses, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property in Midland City, Alabama, presents a unique investment opportunity. Situated on a sprawling 18-acre lot (784,080 sq ft), this property boasts two substantial warehouses. The first warehouse offers approximately 8,500 square feet of space, complemented by a covered area ideal for outdoor equipment storage. The second warehouse, measuring approximately 7,500 square feet, includes a generator and storefront, enhancing its versatility. A convenient loading dock at the rear and covered side areas provide protection from inclement weather. Adding to the property's functionality are two sheds, one situated on a concrete slab. A shop/storefront at the front of the property is perfect for a retail operation or business. A mobile home is also located on the site. The property's strategic location between Highways 231 and 431 offers excellent accessibility and visibility, making it an attractive proposition for a wide range of commercial ventures. The asking price is $599,000. This is a rare opportunity to acquire a substantial commercial property with significant development potential in a high-demand area. The property is zoned for commercial use.

    Property Features for 224 Private Road 1568

    General Information

    Property type
    Land

    HighLights

    • $599,000 asking price.
    • 18+ acre commercial land parcel in Midland City, AL.
    • Two warehouses totaling approximately 16,000 square feet.
    • Includes additional storage sheds and a storefront.
    • Convenient location near Highways 231 and 431.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Parts Store Garden Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland City
    County
    Dale
    State
    Alabama
    Longitude
    -85.4311849
    Latitude
    31.3281752

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    FAQs

    What type of property is this?
    Land - 18 Acres, Two Warehouses, Prime Location
    Where is this land located?
    The property is located at 224 Private Road 1568 Midland City, AL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 18+ acre commercial land parcel in Midland City, AL.; Two warehouses totaling approximately 16,000 square feet.
    Request Owner's contact information
    224 Private Road 1568 Midland City, AL 36350
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    Midland City, AL 36350
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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
    224 Private Road 1568 Midland City, AL 36350
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