1991 Highway 72 Huntsville, AL 35811
- Land
Current Use by Public Records
- Land
Property Details for 1991 Highway 72
- Property type
- Land
Description
This exceptional commercial land offering presents four individual 1.06-acre pads, totaling up to 2.12 acres when combined. Strategically located on Highway 72 East in Huntsville, Alabama, this property boasts unparalleled visibility in an affluent area with approximately 32,000 vehicles passing daily. Traffic counts have experienced a significant 33% increase since 2016, indicating a robust and growing market. The site's prime location offers exceptional access to a substantial consumer base. These out-parcels are adjacent to the new 324-unit Waterleaf at Cold Springs multifamily development, ensuring a built-in customer base. Furthermore, the property's proximity to Chase Commercial Park, a five-million-square-foot industrial park employing over 4,500 people, provides a strong workforce and significant consumer draw. Within a 2.7-mile radius, five multifamily projects totaling 1,654 units have recently been completed or are currently under construction, further solidifying the area's growth and potential. Madison County zoning applies. This is an unparalleled opportunity to establish a thriving business in a high-demand location.
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
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5185
- Latitude
- 34.7724
