235 Satterfield Ln Gadsden, AL 35901-6606
This exceptional 2.86-acre commercial land parcel presents a unique investment opportunity in Gadsden, Alabama. Located adjacent to a Dollar General store, this property boasts high visibility and convenient access. The land comprises two parcels totaling 2.86 acres, with frontage on two roads, including US-411, which sees approximately 7,272 vehicles per day. One parcel measures approximately 1.79 acres and fronts US-411, while the second parcel is approximately 1.07 acres situated on Satterfield Lane, near the US-411 intersection. Etowah County's lack of zoning ordinances allows for diverse commercial development options. Situated about 10 miles north of downtown Gadsden, this location benefits from excellent highway access via I-59, US-411, and US-431, providing easy connections to Birmingham and Chattanooga. The surrounding area demonstrates strong demographics, with a population of approximately 52,199 and an average household income of approximately $52,275 within a 10-mile radius. This property is being offered via an absolute $1 auction with no reserve. The auction will take place from November 4th to 6th. Due diligence documents are available.
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Western Union Bank Credit Union
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.