2070 Old Gurley Pike New Hope, AL 35760
This exceptional 40-acre property in Madison County, Alabama, presents a unique blend of rural tranquility and convenient access to urban amenities. Located at 2070 Old Gurley Pike, New Hope, AL 35760, this land boasts 390 feet of road frontage with readily available public water, sewer, electricity, and fiber internet access. A portion of the land is currently leased for agricultural purposes, with the lease renewal not being mandatory, offering flexibility for the new owner. The remaining acreage features a mature wooded area, complete with a historic 100-year-old barn, adding to the property's rustic charm. Wildlife enthusiasts will appreciate the abundance of local fauna, including eagles, deer, and turkeys, with the land never having been used for hunting stands. Enjoy the peace and privacy of a rural setting while remaining conveniently close to local shops and restaurants in Hampton Cove (15 minutes away) and the vibrant downtowns of Huntsville and Guntersville (both within 25 minutes). The property is not located within a flood zone, providing additional peace of mind. This multi-use property is ideal for a variety of purposes, offering a rare combination of rural serenity and urban accessibility. The asking price is $999,999.
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
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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.