0 Old Monrovia Rd. At Country Day Ln Huntsville, AL 35806
This exceptional 10-acre commercial property, located at the intersection of Old Monrovia Road and Country Day Lane in Huntsville, Alabama (zip code 35806), presents a unique investment opportunity. Zoned for light commercial use, this land offers significant potential for mixed-use development. The asking price is $4,356,000, translating to a land value of $7.50 per square foot. Its strategic location provides easy access to Research Park Boulevard and is situated just two minutes from the Village of Providence, a vibrant area with numerous restaurants, services, and major retail and entertainment options. The property's proximity to Redstone Arsenal's main entrance and its adjacency to a Publix supermarket further enhance its desirability and potential for high returns. This prime area is ripe for development, offering a compelling opportunity for investors seeking a high-growth location in a thriving community. Detailed zoning information and site plans are available upon request. This is a rare opportunity to acquire a substantial parcel of land in a highly sought-after area of Huntsville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.