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Property profile & analytics
OFF-MARKET
Commercial real estate

283 Pine Grove Rd Madison, AL 35757

1 ac lot
Entity Owned 2-yr Hold
Property ID
US03-0486562
Property summary
AI-generated overview

This exceptional 1-acre commercial lot is strategically located at the corner of Pine Grove Road and Wall Triana Highway in Madison, Alabama, zip code 35757. Boasting a highly visible frontage on Pine Grove Road, this property directly faces the Shops at Pine Grove, a thriving retail center that attracts an impressive 1.1 million annual visits. The property's location within one of Madison County's fastest-growing submarkets presents a significant investment opportunity. This area has experienced substantial recent growth, with approximately 650 new homes constructed within a 5-minute drive, and over 1,000 multi-family units either permitted or completed within the same radius. The surrounding area offers a robust retail environment, including a Publix grocery store, a Neighborhood Walmart, and various national quick-service restaurants, ensuring high traffic and visibility for any commercial development. The asking price for this exceptional property is $1,100,000, representing a compelling value given its prime location and the significant growth potential of the surrounding area. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly expanding market. The property's address is 283 Pine Grove Rd, Madison, AL 35757.

Property profile
Verified
Property type Commercial real estate
Lot 1 ac (43,560 SF)
UPID US03-0486562
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
  • The Shops at Pine Grove Shopping Center & Mall
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
Mako Express Car Wash LLC · 2 yrs held
Mako Express Car Wash LLC
since 2023
1 recorded transaction
2023
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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