665 Highway 231 Laceys Spring, AL 35754
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.
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Oakes Oil Co Auto Repair Shop
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
Similar Nearby for Sale
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.