1698 Highway 231 Laceys Spring, AL 35754
- Land
- 24.00 lot acres
Current Use by Public Records
- Custom Plus / Blinds Shop
- JFK Woodwork, LLC / Woodworker / Truck Rental Agency
Property Details for 1698 Highway 231
- Lot size
- 24.00 lot acres
- Property type
- Land
Description
This exceptional 24-acre commercial property in Laceys Spring, Alabama, presents a unique investment opportunity. Located at 1698 Hwy 231, Morgan County, zip code 35754, this expansive lot boasts over 1,200 feet of highway frontage, providing unparalleled visibility and accessibility. The asking price is $750,000, translating to $31,250 per acre. A significant advantage is the inclusion of an existing commercial building on the site, measuring over 5,000 square feet. This pre-existing structure offers immediate potential for various commercial uses, minimizing initial development costs. The property is zoned for County use, offering flexibility for a wide range of commercial ventures. Its strategic location along a major highway ensures high traffic volume and excellent exposure for any business. With its substantial size, existing building, and prime location, this property is ideally suited for a variety of commercial developments, making it an attractive investment for both established businesses and new ventures. The latitude and longitude coordinates are 34.53164421572999 and -86.5898633375756 respectively. This is a rare opportunity to acquire a significant commercial land parcel with an existing building in a high-traffic area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laceys Spring
- County
- Morgan
- State
- Alabama
- Longitude
- -86.5899
- Latitude
- 34.5316
