12535 Henderson Ln, Madison, AL 35756
This exceptional 20.8-acre parcel presents a prime development opportunity in Madison, Alabama, ideally situated near the Toyota Mazda manufacturing plant. Currently unzoned, this cleared land offers unparalleled flexibility for various residential projects, including single-family homes or multi-family developments. The property boasts convenient access to both Madison and Huntsville sewer systems, ensuring seamless infrastructure integration. Its location is highly desirable, adjacent to established luxury home developments like Bella Woods and West Haven, and just south of Highway 72, providing easy access to County Line Road and Huntsville International Airport (approximately 10 minutes away). The property's proximity to new single-family subdivisions within a single block further underscores its potential. Future infrastructure improvements may include the extension of Henderson Lane to Brown's Ferry Road, enhancing accessibility. A natural feature, Oakland Spring Branch Creek, borders the rear of the property. The asking price is $1,750,000, and the seller is open to owner financing and joint venture partnerships to facilitate development. This is a rare opportunity to acquire a large, well-located, and versatile tract of land in a rapidly growing area. Don't miss this chance to capitalize on the thriving Madison real estate market.
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.