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    Meridianville, AL
    Live - Work Space

    Meridianville, AL Live-work Space for Sale

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    Huntsville, AL Hazel Green, AL Toney, AL New Market, AL Madison, AL Harvest, AL Brownsboro, AL Millbrook, AL
    Remodeled Historic Live-Work Space
    Updated: May 21
    Remodeled Historic Live-Work Space

    11556 Highway 231/431, Meridianville, AL 35759

    $895,000
    4,124 sqft 4.69 AC lot
    4.69‑acre live‑work property at 11556 Highway 231/431, Meridianville, AL 35759
    Historic 4,124 SF house recently remodeled and expanded
    Four bedrooms, four bathrooms, and a game room
    County zoning with stated potential for venue, studio, bed‑and‑breakfast, or professional use
    1.2 miles to the Madison County Executive Airport
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    This listing looks promising.

    Here's a quick look at some key insights for

    11556 Highway 231/431, Meridianville, AL 35759

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $53K
      Annual

    • Price @ 7% Cap

      $753K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
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    Historic Live/Work Property on Acreage
    Updated: May 5, 2025
    Historic Live/Work Property on Acreage

    11556 Highway 231 431 N, Meridianville, AL 35759

    $895,000
    4,124 sqft 4.69 AC lot
    Versatile Live/Work Property: Ideal for wedding venue, studio, B&B, or professional business.
    Spacious Remodeled Historic Home: 4,124SF with 4 bedrooms and 4 baths.
    Large Acreage: 4.69 acres provides ample space.
    Business Opportunity: Chance to own a business with historical significance.
    Convenient Location: Only 1.2 miles to the Madison County Executive Airport.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Meridianville, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    $235,000
    1,930 sqft 0.50 AC lot

    Commercial property combines an open flex building with an on-site tiny home and outdoor space.

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    Two-Story Live-Work Commercial Building
    Two-Story Live-Work Commercial Building

    1110 Al Highway 75, Albertville, AL 35951

    $294,900
    2,418 sqft

    Two-story building with ground-level office or retail rooms and an upstairs two-bedroom apartment with living space.

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    Live-Work Property with Flex Building
    Live-Work Property with Flex Building

    13329 Tennessee 28, Whitwell, TN 37397

    $235,000
    1,930 sqft 0.50 AC lot

    Separate tiny home and open-layout building support combined business and residential use.

    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    1110 Alabama Highway 75, Albertville, AL 35951

    $294,900
    2,418 sqft 0.16 AC lot

    Ground-floor commercial space is paired with an upstairs apartment for a live-work configuration.

    View details

    Meridianville, AL Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Meridianville, AL on our real estate platform. These investment opportunities span a total of 8,248 square feet of properties for sale, with an estimated market value of $1,790,000.

    Sale prices for live-work properties in Meridianville, AL average $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +63.5%
    Median Household Income $98,374
    College Educated 54.3%

    High-Yield Neighborhoods for Investment

    Identify Meridianville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    35759 $895K

    Taxes & Financing

    Tax Rate (average for all types) 3.58%
    Property Tax per SF $76.98 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Retail

    Residential Income

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