400 Roy Davis Rd New Market, AL 35761
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.
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
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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.