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Property profile & analytics
OFF-MARKET
Land

0 Grn Cv Rd & 231 Huntsville, AL 35803

2.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.6-acre parcel of land presents a unique investment opportunity in Huntsville, Alabama. Located at the intersection of Green Cove Road and South Memorial Parkway (Highway 231 S), this property boasts excellent visibility and accessibility. Zoned for Light Industry, this versatile land offers significant potential for a variety of commercial and industrial uses. The lot measures approximately 308 feet of frontage and 420 feet in depth, providing ample space for development. Its strategic location offers convenient access to a range of amenities, including restaurants, the Tennessee River, Ditto Landing, and Hays Farm. The asking price is $635,000, translating to a land value of $244,231 per acre. This represents a compelling opportunity to acquire a well-situated property in a thriving Alabama market within Madison County, zip code 35803. The property's address is Green Cove Road & 231 S, Huntsville, AL. Given its size, zoning, and location, this land is ideal for businesses seeking a prominent presence in a rapidly growing area. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 2.6 ac (113,256 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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