11048 Will Walker Rd Vance, AL 35490
This exceptional 14.18-acre commercial land parcel presents a unique development opportunity in Vance, Alabama. Strategically located near the Mercedes-Benz plant, this property offers significant potential for various commercial ventures. The land is comprised of three parcels, with one boasting approximately 598 feet of road frontage on Will Walker Road, providing excellent visibility and accessibility. The remaining two parcels, accessible via a deeded easement, offer additional development space. The property is zoned B-1 (Commercial) by the City of Vance, allowing for a wide range of commercial uses. While an occupied home is situated on one of the rear parcels (included at no additional value), its presence does not detract from the overall development potential. The asking price is $2,999,500, translating to $228,279 per acre. Sellers are open to considering an option-to-purchase agreement under suitable terms. Detailed property layouts are available upon request. Access to the property requires prior notification to respect the privacy of the home's occupants. The property's proximity to US Highways 59/20 and the Mercedes-Benz facility makes it an attractive investment for businesses seeking high visibility and convenient access to a major employer. Should the desired use require zoning adjustments, the sellers are willing to collaborate with buyers to ensure compliance. This prime location, combined with the substantial acreage and flexible ownership terms, makes this an unparalleled opportunity for commercial development in a thriving Alabama community. The property is deeded land and located at 11048 Will Walker Rd, Vance, AL 35490.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.