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Property profile & analytics
OFF-MARKET
Commercial real estate

400 Roy Davis Rd New Market, AL 35761

0.45 ac lot
Individually Owned 1-yr Hold
Property ID
US03-0436425
Property summary
AI-generated overview

This 0.45-acre commercial lot in New Market, Alabama, presents a unique opportunity for entrepreneurs and businesses seeking a versatile space. Located at 400 Roy Davis Rd, 35761, in Madison County, this unrestricted property is not currently zoned, offering flexibility for various uses. Its ideal location near Hazel Green makes it easily accessible. The property is perfect for equipment storage, a small contractor's office, or even a mobile home placement. Existing infrastructure includes readily available electricity and a water meter, simplifying setup. Furthermore, septic tank approval is already in place, eliminating a significant hurdle in the development process. A survey of the land is also available, providing comprehensive details for planning and construction. This affordable lot, priced at $35,000, offers a compelling investment opportunity for those seeking a convenient and adaptable commercial space in a desirable location. Don't miss out on this chance to acquire a valuable piece of land with significant potential.

Property profile
Verified
Property type Commercial real estate
Lot 0.45 ac (19,602 SF)
UPID US03-0436425
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
Kathryn Anne Tremont · 1 yrs held
Kathryn Anne Tremont
since 2024
3 recorded transactions
2024
$32,000
2024
Price N/A
2023
$257,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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