1656 Old Monrovia Rd NW Huntsville, AL 35806
This exceptional 5-acre commercial and residential land parcel is strategically located at 1656 Old Monrovia Road NW, Huntsville, AL 35806, in Madison County. Priced at $2,178,000 ($10/sq ft land value), this property offers significant potential for a variety of mixed-use developments. Its prime location provides convenient access to Research Park Boulevard and is just minutes away from the Village of Providence, a vibrant hub featuring numerous restaurants, services, and major retail and entertainment options. The property's proximity to Redstone Arsenal's main entrance and its adjacency to a Publix supermarket further enhance its desirability. This is an unparalleled opportunity to capitalize on the thriving Huntsville market and create a successful venture in a high-demand area. The land's versatility allows for diverse development possibilities, catering to both commercial and residential needs. This location offers easy access to major transportation arteries, ensuring convenient commutes and excellent connectivity for residents and businesses alike. The property's size and location make it an ideal investment for developers seeking a high-growth area with strong potential for return. Don't miss this chance to acquire a prime piece of Huntsville real estate.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.