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Property profile & analytics
OFF-MARKET
Commercial real estate

244 Limestone Rd Hazel Green, AL 35750

31 ac lot
Individually Owned 1-yr Hold
Property ID
US03-2617708
Property summary
AI-generated overview

This exceptional 31-acre parcel of land presents a unique investment opportunity in the desirable Hazel Green, Alabama area. Located at 244 W Limestone Rd, 35750, this property boasts a mostly flat terrain ideal for various development projects. Its strategic location is a key advantage, situated just half a mile from the intersection of Highways 231 and 431, ensuring excellent accessibility and visibility. The land is already permitted for septic, simplifying the development process. While approximately 14 acres in the rear consist of a wooded wetland area, this natural feature offers significant environmental benefits and provides a natural buffer, enhancing the property's overall appeal and potentially reducing development costs associated with neighboring properties. The asking price is $550,000, translating to an attractive price per acre of $17,742. This prime residential land in Madison County offers substantial potential for residential development, making it an exceptional investment for discerning buyers. The property's size, location, and existing permits make it a truly remarkable opportunity. Detailed surveys and site plans are available upon request. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 31 ac (1,350,360 SF)
UPID US03-2617708
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Paul T Ragland · 1 yrs held
Paul T Ragland
since 2025
2 recorded transactions
2025
$500,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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