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    Chase Farm At Greenbrier Madison, AL 35756

    For Sale
    $1,500,000

    3.16 Acres, I-565 Access, $1.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.16-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Strategically located off I-565 at Greenbrier Exit 3, this property enjoys unparalleled access to major transportation arteries, experiencing high daily traffic volume exceeding 50,400 vehicles. Its proximity to significant employers such as the new Mazda-Toyota plant, G.E. Aviation, Pratt & Whitney, and Polaris, coupled with its location near a large Target Distribution Center and other manufacturing businesses, ensures strong potential for development. The property is zoned C-4, offering flexibility for a variety of commercial uses. Situated within the city limits of Huntsville, this site benefits from established infrastructure and municipal services. Furthermore, its convenient location offers a short commute to Huntsville International Airport, enhancing its appeal to businesses requiring efficient logistics and accessibility. This exceptional location, combined with the substantial lot size and favorable zoning, makes this property an ideal investment for developers seeking a high-impact commercial project in a thriving economic region. The asking price for this prime commercial land is $1,500,000.

    Property Features for 0 Chase Farm At Greenbrier

    General Information

    Property type
    Land
    Lot Size
    137,650 SF

    HighLights

    • C‑4 zoning.
    • High traffic count: Over 50,400 vehicles daily on I‑565.
    • Convenient access to Huntsville International Airport.
    • Prime location near Target Distribution Center and other major manufacturers like Polaris and GE Aviation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Limestone
    State
    Alabama
    Longitude
    -86.8383485
    Latitude
    34.6379132

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    FAQs

    What type of property is this?
    Land - 3.16 Acres, I-565 Access, $1.5M
    Where is this land located?
    The property is located at Chase Farm At Greenbrier Madison, AL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: C-4 zoning.; High traffic count: Over 50,400 vehicles daily on I-565.; Convenient access to Huntsville International Airport.
    Request Owner's contact information
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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

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    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
    Chase Farm At Greenbrier Madison, AL 35756
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