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    OFF-MARKET
    Land

    7316 Us Hwy Owens Cross Roads, AL 35763

    7 ac lot
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    AI-generated overview

    This exceptional 7-acre commercial land parcel, situated at 7316 US Highway 431 in Owens Cross Roads, Alabama (zip code 35763), is being offered via a simultaneous live and online auction on Saturday, December 7, 2024, at 10:00 AM. Located in the desirable Hampton Cove/OXR community, this property boasts an impressive 1128 feet of road frontage along Highway 431, presenting significant development potential. The land includes two existing homes and several outbuildings, replete with valuable farm/lawn equipment and collectibles, all included in the sale. The property's southern boundary adjoins the Flint River. Its proximity to a new Food City store further enhances its commercial viability. The asking price of $1,750,000 is an estimate based on comparable recent sales

    Property profile
    Verified
    Property type Land
    Lot 7 ac (304,920 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
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    Owner & transaction history
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    Zoning & alternative use
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    Allowed · conditional · prohibited
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