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    OFF-MARKET
    Commercial real estate

    140 Chestnut Dr, Madison, AL 35758

    0.92 ac lot
    Property ID
    US03-2481224
    Property summary
    AI-generated overview

    This exceptional 0.92-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Madison, Alabama. Located at 140 Chestnut Dr, 35758, this property boasts an impressive 266 feet of road frontage, providing excellent visibility and accessibility. The site is conveniently situated just behind a McDonald's restaurant, ensuring high traffic flow and prominent exposure. Currently zoned B3, this designation allows for the highest and best commercial uses permitted within the city of Madison, offering a wide range of development possibilities for discerning investors. The property consists of two half-acre lots, which can be purchased individually or as a combined parcel, providing flexibility to suit various project scales and investment strategies. This prime location, combined with its favorable zoning and significant road frontage, makes this an unparalleled opportunity for commercial development in a rapidly growing area. The asking price for this exceptional property is $249,000. Detailed zoning information and development guidelines are readily available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.92 ac (40,075 SF)
    UPID US03-2481224
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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