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    Chaney Thompson Rd Huntsville, AL 35803

    For Sale
    $1,759,200

    Prime Huntsville commercial/residential land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 14.66-acre property, located in South Huntsville at the corner of Chaney Thompson Road SE and Green Cove Road, presents a unique investment opportunity. Zoned C1 Neighborhood Business, this expansive parcel offers significant potential for diverse commercial and multi-family developments. The asking price is $1,759,200. Situated in Madison County, Alabama, with a zip code of 35803, the land boasts a desirable location near the Aldridge Creek Greenway, enhancing its appeal and potential for attracting residents and businesses. The property is owned by an LLC and is currently available for purchase. Its convenient location and versatile zoning make it suitable for a wide range of projects, from retail spaces and office buildings to apartment complexes and other multi-family dwellings. The property's size and strategic positioning offer developers a chance to create a thriving community hub or a successful commercial venture. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area of Huntsville, Alabama. Don't miss out on this exceptional investment prospect.

    Property Features for 0 Chaney Thompson Rd

    General Information

    Property type
    Land

    HighLights

    • 14.66‑acre commercial parcel in South Huntsville, zoned C1 Neighborhood Business.
    • Asking price: $1,759,200.
    • Located at Chaney Thompson Road SE and Green Cove Road, Madison County, AL 35803.
    • Suitable for diverse commercial and multi‑family development.
    • Near Aldridge Creek Greenway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.54994307
    Latitude
    34.59560569

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    FAQs

    What type of property is this?
    Land - Prime Huntsville commercial/residential land.
    Where is this land located?
    The property is located at Chaney Thompson Rd Huntsville, AL.
    What is the asking price?
    The asking price for this property is $1,759,200.
    What are key features of this property?
    This property features: 14.66-acre commercial parcel in South Huntsville, zoned C1 Neighborhood Business.; Asking price: $1,759,200.; Located at Chaney Thompson Road SE and Green Cove Road, Madison County, AL 35803.
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    Huntsville, AL 35803
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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
    Chaney Thompson Rd Huntsville, AL 35803
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