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    2105 Highway 78 Jasper, AL 35501

    For Sale
    $1,595,000

    2.91 Acres, Metal Building, Reduced Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.91-acre commercial land parcel presents a compelling investment opportunity in Jasper, Alabama. Strategically located on a hard corner at 2105 Hwy 78 E, this property boasts high visibility and excellent accessibility. The asking price has been reduced to $1,595,000, making it an attractive proposition for developers and investors alike. The site includes a substantial 22,000 square foot metal building, offering significant potential for repurposing or redevelopment. Situated in Walker County, Alabama, with a zip code of 35501, this property benefits from its prime location in Jasper, AL. The coordinates are 33.8427507 latitude and -87.2494722 longitude. This expansive lot presents a blank canvas for a variety of commercial ventures, capitalizing on its high-traffic location and existing building infrastructure. The property's size and strategic placement make it ideal for a range of commercial uses, from retail to light industrial. The existing metal building provides immediate utility, reducing initial development costs and offering flexibility for immediate occupancy or renovation. Don't miss this chance to acquire a significant commercial property in a growing Alabama market.

    Property Features for 2105 Highway 78

    General Information

    Property type
    Land

    HighLights

    • 2.91‑acre commercial land parcel in Jasper, AL.
    • High‑visibility corner lot at 2105 Hwy 78 E.
    • Reduced asking price: $1,595,000.
    • Includes a 22,000 sq ft metal building.
    • Located in Walker County, AL, zip code 35501.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Hotel & Motel Kitchen & Bath Food Market Convenience Store Garden Center Car Rental Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Walker
    State
    Alabama
    Longitude
    -87.2494722
    Latitude
    33.8427507

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    FAQs

    What type of property is this?
    Land - 2.91 Acres, Metal Building, Reduced Price
    Where is this land located?
    The property is located at 2105 Highway 78 Jasper, AL.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: 2.91-acre commercial land parcel in Jasper, AL.; High-visibility corner lot at 2105 Hwy 78 E.; Reduced asking price: $1,595,000.
    Request Owner's contact information
    2105 Highway 78 Jasper, AL 35501
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    Jasper, AL 35501
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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
    2105 Highway 78 Jasper, AL 35501
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