11127 Hwy 231/431 Meridianville, AL 35759
- Land
- 36.00 lot acres
Current Use by Public Records
- Land
Property Details for 11127 Hwy 231/431
- Lot size
- 36.00 lot acres
- Property type
- Land
Description
This exceptional 36-acre commercial land parcel presents a remarkable investment opportunity in Meridianville, Alabama. Strategically located on Highway 231/431, the property boasts an impressive 990 feet of road frontage, ensuring high visibility and accessibility. The land itself offers a diverse landscape, blending open fields with wooded areas, and includes existing structures such as an old farmhouse and barns. A significant advantage is its proximity to Beaverdam Creek and the Huntsville city limits, presenting potential for annexation. This versatile property is ideally suited for a variety of development projects, including commercial ventures, multi-family housing, or residential subdivisions. The asking price is $5,000,000, translating to $138,000 per acre. The property is conveniently located at 11127 Hwy 231/431 N, Meridianville, AL 35759, in Madison County. Note that this property is sold in two parcels. This is a rare opportunity to acquire a large tract of land in a rapidly growing area with significant development potential. Don't miss out on this chance to secure a prime piece of Alabama real estate.
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
- Meridianville
- County
- Madison
- State
- Alabama
- Longitude
- -86.5714
- Latitude
- 34.837
