12699 Hwy Meridianville, AL 35759
This exceptional 2.1-acre commercial land parcel presents a unique investment opportunity in Meridianville, Alabama. Strategically located at 12699 Highway 231/431, this property boasts 230 feet of frontage on a major thoroughfare, ensuring high visibility and accessibility for any business. The property is unzoned, offering flexibility for a wide range of development possibilities. With a daily traffic count of 28,070 vehicles, this location guarantees significant exposure to potential customers. Sewer access is available, simplifying infrastructure needs. While the back corner of the property falls within a flood zone, the majority of the land remains unaffected. Adding to its versatility, the owner is willing to divide the parcel, catering to various development scales and budgets. The asking price is $200,000, representing a compelling value for this high-traffic, highly visible location. This property is ideal for businesses seeking maximum exposure and convenient access in a growing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.