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    FOR SALE
    Commercial real estate

    5296 Wall Triana Hwy, Madison, AL 35758

    1.93 ac lot
    Property ID
    US03-0870230
    Property summary
    AI-generated overview

    This exceptional 1.93-acre residential lot presents a remarkable investment opportunity in the heart of Madison, Alabama. Located at 5296 Wall Triana Hwy, 35758, this property boasts an enviable location, approximately 100 yards from a newly constructed IGA grocery store and Exxon Mobile service station, ensuring convenient access to daily necessities. The R-1A zoning permits a density of 2.45 residential units per acre, offering significant development potential. Furthermore, the property benefits from its proximity to Madison's highly-rated school district, a key attraction for families. The strategic location is further enhanced by the planned development of a new restaurant and retail center at the intersection of Gillespie Rd. and Wall Triana Hwy, promising increased foot traffic and property value appreciation. This prime parcel offers a unique chance to capitalize on Madison's thriving residential market and build in a highly desirable neighborhood. The lot size provides ample space for a variety of residential projects, making it an ideal investment for builders, developers, or those seeking to build their dream home. Don't miss this exceptional opportunity to acquire a piece of Madison's vibrant future.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.93 ac (84,071 SF)
    UPID US03-0870230
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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