Technical
Financial
Distress signals
Property profile

665 Highway 231 Laceys Spring, AL 35754

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a prime development opportunity in Lacey's Spring, Alabama. Strategically located on Highway 231, this property enjoys high visibility and convenient access. Situated just 1.17 miles south of the Tennessee River bridge, it benefits from excellent connectivity and proximity to major transportation routes. The land is already cleared, eliminating significant pre-construction hurdles and saving valuable time and resources. Zoned for County use, this versatile property offers a wide range of potential commercial applications, from retail and office spaces to light industrial uses. The asking price is $225,000. The property's address is 665 Hwy 231, Lacey's Spring, AL 35754, within Morgan County. Its precise coordinates are latitude 34.5603298 and longitude -86.5814487. This is a rare opportunity to acquire a build-ready commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a highly visible and accessible location. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

665 Highway 231 Laceys Spring, AL 35754
Laceys Spring metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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