244 Limestone Rd Hazel Green, AL 35750
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.
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
Similar Nearby for Lease
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.