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    Us-431 Owens Cross Roads, AL 35763

    For Sale
    Contact for pricing

    7.2 Acres, Owens Cross Roads, AL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7.2-acre commercial land parcel in Owens Cross Roads, Alabama, presents a unique investment opportunity. Situated along Highway 431 in Madison County (zip code 35763), this property is divided into four conveniently sized tracts, all pad-ready and ideal for immediate development. Tract 1 offers 1.41 acres with 200 feet of highway frontage, while Tract 2 provides 1.27 acres and 180 feet of frontage. Tract 3 encompasses 3.07 acres with 450 feet of frontage, and Tract 4 features 1.45 acres and 196 feet of frontage. All tracts are zoned HC (Highway Corridor), ensuring flexibility for a variety of commercial uses. The property boasts excellent visibility and accessibility, with an estimated 15,934 vehicles passing daily. Conveniently located approximately 6.5 miles from Hampton Cove and 3.5 miles from downtown New Hope, this location offers strong potential for high traffic and customer volume. Sewer access is available, simplifying development plans. Land value is priced between $8 and $10 per square foot. This is a rare opportunity to acquire prime commercial real estate in a rapidly growing area.

    Property Features for 0 Us-431

    General Information

    Property type
    Land
    Lot Size
    313,632 SF

    HighLights

    • 7.2‑acre commercial land parcel in Owens Cross Roads, AL (zip code 35763).
    • Four pad‑ready tracts ranging from 1.27 to 3.07 acres, ideal for immediate development.
    • Highway 431 frontage totaling over 1,000 feet.
    • HC (Highway Corridor) zoning allows for diverse commercial uses.
    • High traffic count (est. 15,934 vehicles daily) and excellent visibility.
    • Convenient location near Hampton Cove and New Hope, AL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owens Cross Roads
    County
    Madison
    State
    Alabama
    Longitude
    -86.448247511004
    Latitude
    34.572237560339

    Nearby Comparable

    • $139,000
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      Land with Utilities and Barn

      3.1 acres of buildable land with existing utilities and barn.
      16 Old Highway 431, Owens Cross Roads, AL 35763
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    • $1,000,000
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      Highway 431 Garage with Equipment

      Commercial garage with equipment on 2.71 acres with high traffic.
      9055 Highway 431 South, Owens Cross Roads, AL 35763
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    • $1,750,000
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      24 Acres Hwy 431 Commercial Land

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    • Contact for pricing
      18.60 Acres

      Highway 431 Commercial Land - 18.6 Acres

      Prime Owens Cross Roads Commercial Land
      0 Wilson Mann Rd, Owens Cross Roads, AL 35763
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    Nearby Similar for Sale

    • $1,000,000
      2.71 Acres

      Highway 431 Garage with Equipment

      Commercial garage with equipment on 2.71 acres with high traffic.
      9055 Highway 431 South, Owens Cross Roads, AL 35763
      View Details

    FAQs

    What type of property is this?
    Land - 7.2 Acres, Owens Cross Roads, AL
    Where is this land located?
    The property is located at Us-431 Owens Cross Roads, AL.
    What are key features of this property?
    This property features: 7.2-acre commercial land parcel in Owens Cross Roads, AL (zip code 35763).; Four pad-ready tracts ranging from 1.27 to 3.07 acres, ideal for immediate development.; Highway 431 frontage totaling over 1,000 feet.
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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
    Us-431 Owens Cross Roads, AL 35763
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