5690 Watermelon Rd Northport, AL 35473
For Sale
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This exceptional 10,413 square foot vacant lot presents a unique opportunity for developers and businesses seeking a strategic location to build their ideal office space. Situated at 5690 Watermelon Road in Northport, Alabama, this property is perfectly positioned within a rapidly expanding area, promising significant future growth and high return on investment. The lot itself offers ample space for a substantial office building, allowing for flexible design and construction to meet specific business needs. Its location in Northport provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The area's burgeoning commercial sector offers a vibrant and supportive business environment, making this an ideal location for businesses of all sizes. This is a rare chance to secure a prime piece of land in a high-growth area, allowing for the creation of a custom-built office tailored to specific requirements. The absence of existing structures allows for complete design freedom and efficient construction timelines. Don't miss this exceptional opportunity to establish a strong presence in a thriving Northport commercial district. The asking price of $388,000 reflects the significant potential of this property and its strategic location. Act quickly to secure this valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Northport, ALNorthport. Always verify with local authorities before improvements.
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.