29423 Old Highway 20 Madison, AL 35756
- Land
- 18.00 lot acres
Current Use by Public Records
- Land
Property Details for 29423 Old Highway 20
- Lot size
- 18.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 18-acre commercial and industrial land parcel presents a unique investment opportunity in Limestone County, Alabama. Located at 29423 Old Hwy 20, Madison, AL 35756, this property boasts a highly desirable CIP zoning under Huntsville City limits, allowing for diverse commercial, industrial, or warehousing uses. The land is conveniently divided into two tracts of 10 and 8 acres, providing flexibility for development. Situated on a new 5-lane road with easy access to power, water, and sewer, including an existing easement for a sewer pumping station and access to new sewer lines. Its strategic location offers exceptional proximity to the rapidly expanding corridor near the new Toyota Mazda plant, making it perfect for just-in-time (JIT) suppliers. Furthermore, its close proximity to I-565 and the Huntsville airport enhances logistical advantages. A new 3-lane road connecting Old Hwy 20 with Hwy 20 runs directly across the property, providing excellent accessibility. The APN is 1706240000002.003, and the property is owned by an LLC. This property is exceptionally well-suited for a 1031 exchange.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Limestone
- State
- Alabama
- Longitude
- -86.8052
- Latitude
- 34.6711
