For Sale
Call for price

0 Old Highway 20Madison, AL 35756

Exceptional commercial land; ideal for development.

Overview

Added:
Feb 11
Days on market:
54
This expansive 130-acre commercial land parcel presents a unique investment opportunity in Madison, Alabama. Located on Old Hwy 20, this property boasts a convenient location within Madison County, offering easy access to key transportation routes and amenities. The property's assessed value is $5,760, with a total tax burden of $348.48. However, the market value is significantly higher, appraised at $867,500, and the current use value (CU Value) appraisal stands at $57,600. This discrepancy highlights the substantial potential for appreciation and development. The property's APN is 17 07 26 0 000 003.000. Its size and strategic location make it suitable for a wide range of commercial ventures, from industrial development to retail or mixed-use projects. The property is zoned for commercial use (further zoning verification is recommended). Serious inquiries are encouraged to explore the possibilities of this significant land holding in a rapidly growing area of Alabama. The property is being offered for sale at a total land value of $867,500. This represents a compelling investment opportunity with considerable upside potential. Detailed due diligence is recommended.

Highlights

  • 130-acre commercial land parcel in Madison, AL.
  • Total land value: $867,500.
  • Market value: $867,500.
  • Appraised value (CU): $57,600.
  • Assessed value: $5,760; Annual taxes: $348.48.

Property Details for 0 Old Highway 20

Property type
Land
Lot Size (sq. ft)
5,662,800 SF

Location Insight

City
Madison
County
Madison
State
Alabama
Latitude
34.6558436
Longitude
-86.80279
Old Highway 20, Madison, Alabama

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0 Old Highway 20
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