283 Pine Grove Rd Madison, AL 35757
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- The Shops at Pine Grove / Shopping Mall
Property Details for 283 Pine Grove Rd
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7473299
- Latitude
- 34.7942617
