27590 Us-431 Grant, AL 35747
This exceptional 3.68-acre property boasts a prime location along US Highway 431 in Grant, Alabama, offering unparalleled visibility and accessibility. Situated across from Lake Guntersville, the land enjoys stunning lake views, enhancing its desirability and potential. The property features approximately 345 feet of frontage on this major north-south Alabama corridor, experiencing over 22,000 vehicles daily, ensuring significant exposure for any commercial venture. Located in Marshall County, this unzoned land presents a unique opportunity for diverse development. Its proximity to Huntsville (under 30 minutes away), a city with a population of approximately 500,000, further amplifies its investment potential. An existing house is included in the sale "as is, where is," providing additional flexibility for future plans. The asking price is $599,000. This versatile land is ideal for a variety of commercial uses, capitalizing on its high traffic location and picturesque setting. The absence of zoning regulations opens doors to creative development possibilities.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.