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    Memorial Pkwy Huntsville, AL 35802

    For Sale
    $199,000

    Prime 1-acre lot, C-4 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-acre commercial lot is ideally situated in Huntsville, Alabama, at the intersection of Memorial Parkway SW, Charlotte Drive, and Lily Flagg Rd. Priced at $199,000, this property offers significant potential for a variety of commercial ventures. The lot is zoned C-4, providing flexibility for diverse uses. Existing infrastructure includes readily available electricity. While currently pending approval for structure placement, this presents a unique opportunity to develop a property tailored to your specific business needs. The asking price translates to $5.71 per square foot, reflecting the land's prime location and high potential return on investment. Consider this property for uses such as a car lot, farmers market, landscape business, or other commercial endeavors. The property's APN numbers are 18-09-30-3-001-020.000, 18-09-30-3-001-019.000, and 18-09-30-3-001-018.000. Its strategic location offers excellent visibility and accessibility, making it an attractive investment opportunity in a thriving Huntsville market. Don't miss this chance to acquire a highly desirable commercial property in a prime location.

    Property Features for 0 Memorial Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $199,000 asking price for 1‑acre commercial land.
    • C‑4 zoning.
    • Electricity available.
    • Pending structural approval.
    • Ideal for various uses, including car lot, farmers market, or landscaping business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.569570696434
    Latitude
    34.659370104693

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, C-4 zoning.
    Where is this land located?
    The property is located at Memorial Pkwy Huntsville, AL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price for 1-acre commercial land.; C-4 zoning.; Electricity available.
    (256) 426-3777
    Request Owner's contact information
    Memorial Pkwy Huntsville, AL 35802
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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
    Memorial Pkwy Huntsville, AL 35802
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