0 Old Highway 20 Madison, AL 35756
This expansive 130-acre commercial land parcel presents a unique investment opportunity in Madison, Alabama. Located on Old Hwy 20, this property boasts a convenient location within Madison County, offering easy access to key transportation routes and amenities. The property's assessed value is $5,760, with a total tax burden of $348.48. However, the market value is significantly higher, appraised at $867,500, and the current use value (CU Value) appraisal stands at $57,600. This discrepancy highlights the substantial potential for appreciation and development. The property's APN is 17 07 26 0 000 003.000. Its size and strategic location make it suitable for a wide range of commercial ventures, from industrial development to retail or mixed-use projects. The property is zoned for commercial use (further zoning verification is recommended). Serious inquiries are encouraged to explore the possibilities of this significant land holding in a rapidly growing area of Alabama. The property is being offered for sale at a total land value of $867,500. This represents a compelling investment opportunity with considerable upside potential. Detailed due diligence is recommended.
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
Similar Nearby for Lease
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.