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    James Madison Dr Huntsville, AL 35824

    For Sale
    $894,900

    9.42 Acres, Rail Access, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.42-acre commercial and industrial land parcel presents a compelling investment opportunity in Huntsville, Alabama. Strategically located near Huntsville International Airport, this property boasts convenient access to major transportation arteries. Zoned CIP - Commercial Industrial Park, the land is ready for immediate development. The asking price is $894,900, translating to approximately $95,000 per acre. A significant advantage is the direct rail access along the western property boundary, provided by Norfolk Southern Railroad. The property has already undergone legal filling, eliminating the need for extensive site preparation. The parcel's APN is 16-09-29-0-000-031.007. Situated on James Madison Dr SW in Madison County, Huntsville, AL 35824, this location offers unparalleled potential for businesses seeking a prime industrial or commercial site with excellent infrastructure and accessibility. This is a rare opportunity to acquire a well-situated, ready-to-develop property in a thriving Alabama market.

    Property Features for 0 James Madison Dr

    General Information

    Property type
    Land
    Lot Size
    410,335 SF

    HighLights

    • 9.42‑acre commercial and industrial land parcel in Huntsville, AL.
    • Located near Huntsville International Airport with convenient access to major transportation arteries.
    • Zoned CIP (Commercial Industrial Park) and ready for immediate development.
    • Asking price: $894,900 ($95,000/acre).
    • Features direct Norfolk Southern Railroad access.
    • APN: 16‑09‑29‑0‑000‑031.007; Address: James Madison Dr SW, Huntsville, AL 35824.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.757370345791
    Latitude
    34.656465211459

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    FAQs

    What type of property is this?
    Land - 9.42 Acres, Rail Access, Prime Location
    Where is this land located?
    The property is located at James Madison Dr Huntsville, AL.
    What is the asking price?
    The asking price for this property is $894,900.
    What are key features of this property?
    This property features: 9.42-acre commercial and industrial land parcel in Huntsville, AL.; Located near Huntsville International Airport with convenient access to major transportation arteries.; Zoned CIP (Commercial Industrial Park) and ready for immediate development.
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    James Madison Dr 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
    James Madison Dr Huntsville, AL 35824
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