7701 Slade Plz Blvd Hope Hull, AL 36105
This exceptional 0.7-acre commercial land parcel presents a unique investment opportunity in Hope Hull, Alabama. Located at 7701 Slade Plaza Blvd, this M-1 zoned property boasts a strategic location, offering high visibility and accessibility. The site is an outparcel of a 2,500 square foot Hardee's restaurant with a drive-thru, constructed in March 2014 and sold for approximately $1.67 million in May 2014. This demonstrates the strong commercial viability of the area. Benefitting from exceptional traffic counts exceeding 32,000 vehicles daily on I-65, this property enjoys a substantial population base of over 100,000 within a 10-mile radius. Furthermore, its proximity to key infrastructure adds significant value. The property is situated just six miles from Montgomery Regional Airport, a vital transportation hub serving 16 counties and over 400,000 travelers annually. Its location is also two miles from the Hyundai Motor Manufacturing Alabama plant, a $1.7 billion facility employing over 3,000 people. The asking price for this highly desirable commercial land is $300,000, translating to a land value of $9.84 per square foot. This represents a compelling investment opportunity in a rapidly growing area with strong economic drivers. The property's zoning allows for a variety of commercial uses, making it suitable for a wide range of 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.