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Property profile & analytics
FOR SALE
Commercial real estate

11048 Will Walker Rd Vance, AL 35490

14.18 ac lot
Property ID
US03-0647722
11048 Will Walker Rd, Vance, AL 35490 For Sale
$2,999,500
11048 Will Walker Rd, Vance, AL 35490
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 14.18 ac (617,681 SF)
UPID US03-0647722
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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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