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Property profile & analytics
OFF-MARKET
Land

29423 Old Highway 20 Madison, AL 35756

18 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 18 ac (784,080 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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