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    510 Old Gurley Rd Huntsville, AL 35811

    For Sale
    $425,000

    Prime Huntsville commercial lot, 5.7 acres, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.7-acre commercial land parcel presents a unique investment opportunity in Huntsville, Alabama. Located at 510 Old Gurley Road NE, this multi-purpose lot enjoys a highly desirable location near the intersection of Shields Road and Old Gurley Road, placing it within minutes of downtown Huntsville and a variety of established businesses, including Starbucks and Walmart. The property's convenient access to Highway 72 and I-565 ensures excellent connectivity for commuters and businesses alike. Furthermore, its proximity to Research Park and Redstone Arsenal (approximately 15 minutes away) makes it an attractive option for businesses seeking a strategic location near these significant employment centers. Currently situated in Madison County, this property is unzoned, offering flexibility for potential development. However, annexation into the city of Huntsville is a possibility should the need arise, providing additional development options. The asking price for this expansive lot is $425,000. This presents a compelling opportunity for developers and investors seeking a strategically located, sizable parcel in a thriving Alabama market. The property's address is 510 Old Gurley Rd NE, Huntsville, AL 35811.

    Property Features for 510 Old Gurley Rd

    General Information

    Property type
    Land

    HighLights

    • 5.7‑acre commercial land parcel in Huntsville, AL.
    • Located at 510 Old Gurley Rd NE, near Shields Rd and Old Gurley Rd.
    • Minutes from downtown Huntsville, Starbucks, and Walmart.
    • Excellent access to Highway 72 and I‑565.
    • Close proximity to Research Park and Redstone Arsenal (approx. 15 minutes).
    • Unzoned, with potential for city annexation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.521644
    Latitude
    34.768628

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    FAQs

    What type of property is this?
    Land - Prime Huntsville commercial lot, 5.7 acres, near major retailers.
    Where is this land located?
    The property is located at 510 Old Gurley Rd Huntsville, AL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 5.7-acre commercial land parcel in Huntsville, AL.; Located at 510 Old Gurley Rd NE, near Shields Rd and Old Gurley Rd.; Minutes from downtown Huntsville, Starbucks, and Walmart.
    (256) 656-2343
    Request Owner's contact information
    510 Old Gurley Rd Huntsville, AL 35811
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    Huntsville, AL 35811
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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
    510 Old Gurley Rd Huntsville, AL 35811
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