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    29800 Us Hwy 72 Huntsville, AL 35756

    Sponsored
    For Sale
    $2,700,000

    Prime 14-acre development tract in Madison, AL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14-acre parcel presents a remarkable development opportunity in Madison, Alabama, conveniently located near the intersection of US Highway 72 and approximately one mile west of County Line Road in East Limestone County. Currently unzoned, this expansive land offers unparalleled flexibility for a diverse range of commercial ventures. Potential uses include single-family residential, multi-family residential, commercial buildings, medical facilities, senior housing, and public storage, among other possibilities. The property's strategic location provides excellent accessibility and visibility, making it an ideal site for attracting a wide range of businesses and residents. The asking price for this significant land holding is $2,700,000. This presents a unique chance to acquire a substantial piece of land with significant development potential in a rapidly growing area of Alabama. The property's size and versatility make it suitable for large-scale projects or a series of smaller developments. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity. The address is 29800 US HWY 72, Madison, AL 35756.

    Property Features for 29800 Us Hwy 72

    General Information

    Property type
    Land
    Lot Size
    609,840 SF

    HighLights

    • $2,700,000 asking price.
    • 14‑acre commercial land parcel.
    • Located in Madison, Alabama, near Huntsville, at 29800 US Hwy 72, zip code 35756.
    • Unzoned, allowing for diverse development options including residential, commercial, multi‑family, healthcare, and senior housing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.7377491
    Latitude
    34.7544416

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    FAQs

    What type of property is this?
    Land - Prime 14-acre development tract in Madison, AL.
    Where is this land located?
    The property is located at 29800 Us Hwy 72 Huntsville, AL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: $2,700,000 asking price.; 14-acre commercial land parcel.; Located in Madison, Alabama, near Huntsville, at 29800 US Hwy 72, zip code 35756.
    Request Owner's contact information
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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
    29800 Us Hwy 72 Huntsville, AL 35756
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