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    15000 Old Highway 5 Grove Hill, AL 36451

    Sponsored
    For Sale
    $110,000

    5 Acres, High Visibility, Mixed Use

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial property in Clarke County, Alabama, presents a remarkable investment opportunity. Located in the 15000 Block of S Old Highway 5, Thomasville, AL 36451, this high and dry site boasts significant road frontage: over 525 feet along Highway 43 and approximately 560 feet along Church Street (also known as Old County Road 5). The property's strategic location ensures high visibility and traffic count, making it ideal for retail or service businesses. City water, gas, and sewer are readily available. Zoned for mixed use (commercial and residential), this versatile land offers substantial potential for development. The property consists of two parcels: 16-24-05-22-5-001015.050 and 16-24-08-27-2-000-002.020, totaling approximately 5 acres. Its location partially within and partially outside the city limits of Grove Hill provides flexibility for various development plans. This is a prime opportunity to acquire a strategically located commercial property in a growing area. The asking price is $110,000.

    Property Features for 15000 Old Highway 5

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial property in Thomasville, AL, ideal for retail or service businesses.
    • High visibility with over 525 ft of frontage on Highway 43 and ~560 ft on Church Street.
    • City utilities (water, gas, sewer) available.
    • Mixed‑use zoning (commercial & residential).
    • Two parcels totaling 5 acres; partially within Grove Hill city limits.
    • Asking price: $110,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grove Hill
    County
    Clarke
    State
    Alabama
    Longitude
    -87.7571265
    Latitude
    31.7361438

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 5 Acres, High Visibility, Mixed Use
    Where is this land located?
    The property is located at 15000 Old Highway 5 Grove Hill, AL.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: 5-acre commercial property in Thomasville, AL, ideal for retail or service businesses.; High visibility with over 525 ft of frontage on Highway 43 and ~560 ft on Church Street.; City utilities (water, gas, sewer) available.
    Request Owner's contact information
    15000 Old Highway 5 Grove Hill, AL 36451
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    Grove Hill, AL 36451
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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
    15000 Old Highway 5 Grove Hill, AL 36451
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