0 Ed Spears Rd Owens Cross Roads, AL 35763
This exceptional 24-acre parcel presents a rare opportunity for mixed-use development in Owens Cross Roads, Alabama. Strategically located on US Highway 431, this property boasts high visibility and convenient access, making it ideal for a variety of commercial ventures. The zoning allows for both commercial development and single-family residential construction, offering flexibility for investors seeking diverse income streams. The property's address is Ed Spears Rd, Owens Cross Roads, AL 35763, situated in Madison County. Its latitude and longitude coordinates are 34.5644438, -86.4371692 respectively. The asking price for this expansive land holding is $1,750,000. The dual zoning designation, encompassing both Highway Corridor and Single Family Residential (RS1), opens doors to a wide range of development possibilities, from retail spaces and restaurants to a residential subdivision. This unique combination of commercial and residential zoning makes this property a truly exceptional investment opportunity in a rapidly growing area. Don't miss this chance to acquire a significant piece of land with immense potential for future growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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