Property profile

0 Us-43 Northport, AL 35473

OFF-MARKET
Land
22 ac lot
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Property summary

AI-generated overview

This exceptional 22-acre parcel presents a unique investment opportunity in Northport, Alabama. Strategically located on Tom Montgomery Road with frontage on Highway 43 North, this property offers convenient access and high visibility. Situated between the established Clear Creek residential development and Tom Montgomery Road, the land is currently zoned RS-1, permitting residential use. All necessary infrastructure, including sewer lines, is readily available. While a portion of the acreage falls within a designated flood area (refer to the provided map for details), the majority of the land offers significant development potential. The property's size and location make it ideal for various residential projects, offering a compelling blend of accessibility and growth potential. The fee simple ownership provides complete control and flexibility for future development plans. This is a prime opportunity to acquire a substantial land holding in a rapidly growing area. The asking price is $429,000.

Property profile

Verified
Property type Land
Lot 22 ac (958,320 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-43 Northport, AL 35473
Northport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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