11900 Mooresville RdMadison, AL 35756

  • Other commercial real estate
  • 2,984 SF
For Sale
$500,000 View listing

Property Details for 11900 Mooresville Rd

Lot size
1.00 AC
Property size (Sq ft)
2,984 SF
Property type
Other commercial real estate
APN
1703050000005001
APU
1703050000005001

Description

This exceptional 1-acre property, situated at a busy four-way intersection in rapidly growing Madison, Alabama (Limestone County), presents a unique investment opportunity. Located minutes from major employers like Toyota/Mazda and new residential developments, the property boasts high visibility and significant traffic flow. The existing 3,005 square foot brick building, formerly a church, offers versatile space. Features include three restrooms, a large kitchen area, a spacious main area, and a dedicated office. Built in the 1930s, the single-story structure sits on a one-acre lot outside city limits. The property's zoning allows for various business uses, making it ideal for entrepreneurs seeking a high-traffic location with existing infrastructure. The asking price is $500,000, translating to $166.39 per square foot. This prime location, combined with the existing building's adaptable layout, offers substantial potential for a variety of commercial ventures. The address is 11900 Mooresville Rd, Madison, AL 35756.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $722,400
    Hospitality
    $661,714
    Educational
    $550,539
    Medical
    $569,473
    Retail
    $856,394
11900 Mooresville Rd, Madison, Alabama

Location Insight

City
Madison
County
Limestone
State
Alabama
Latitude
34.7293
Longitude
-86.877
CBSA code
26620
CBSA name
HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
$23,280
-
$40,000
$192,700
$232,700

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