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Property profile & analytics
OFF-MARKET
Motels

23945 John T Reid Pkwy Scottsboro, AL 35768-2857

6,118 SF 2.76 ac lot Built 1984
Entity Owned 10-yr Hold Free & Clear
Property ID
US03-1990061
Property summary
AI-generated overview

This exceptional two-acre commercial land parcel presents a rare opportunity for development in Scottsboro, Alabama. Located on Highway 78, this site boasts significant contiguous frontage, offering excellent visibility and accessibility for any commercial venture. The property is delivered pad-ready, eliminating costly site preparation and expediting the construction process. This is one of the last remaining pad-ready sites available in the immediate market, making it a highly desirable investment. The property's strategic location is further enhanced by the planned extension of a service road connecting Liberty and Byron, improving traffic flow and accessibility. Adding to the area's appeal, a new Citizens Bank branch is slated to open soon just west of the parcel, bringing increased foot traffic and commercial activity to the vicinity. The property's address is 23945 John T Reid Pkwy, Scottsboro, AL 35768, situated in Jackson County. The precise acreage is approximately two acres. This prime location and ready-to-build status make this an unparalleled opportunity for businesses seeking a high-visibility, easily accessible location in a growing area. The site's characteristics make it ideal for a variety of commercial uses.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1984
Total area 6,118 SF
Lot 2.76 ac (120,226 SF)
APN 39 27 09 29 4 000 004.003
UPID US03-1990061
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
Current use
Occupant on record · Public records
  • Budgetel Inn & Suites Hotel & Motel
  • Budgetel Inn Hotel & Motel
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
SAI GANESH TRADING LLC
SAI GANESH TRADING LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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