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Property profile & analytics
OFF-MARKET
Land

231 Hwy Ashville, AL 35953

8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8-acre land parcel is strategically located on Highway 231 in Ashville, Alabama, within Saint Clair County (zip code 35953). Offered at $550,000, this property presents a compelling investment opportunity due to its size and advantageous location. The owner is open to subdividing the land, making it suitable for a variety of development projects. All utilities are readily available, simplifying the development process. The high-traffic volume of the area is a significant benefit, with impressive daily traffic counts: 21,840 vehicles per day on Interstate 59 and 7,430 vehicles per day on Highway 231 itself. This translates to excellent visibility and accessibility for any commercial venture. The property's location in Ashville, Alabama, offers a blend of accessibility and potential for growth. This is a rare opportunity to acquire a sizable, well-situated land parcel in a thriving area, ready for immediate development or strategic subdivision. The coordinates for the property are latitude 33.8370407 and longitude -86.2544956.

Property profile
Verified
Property type Land
Lot 8 ac (348,480 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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