29005 Old Highway 20Madison, AL 35756

  • Industrial properties
  • 20,352 SF
For Sale
$4,965,000 View listing

Property Details for 29005 Old Highway 20

Year built
2003
Lot size
16.63 AC
Property size (Sq ft)
20,352 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
1706230000032000
APU
1706230000032000

Description

This exceptional 4,965,000 USD industrial land parcel presents a unique investment opportunity in Madison, Alabama. Zoned for Agricultural/Industrial use, this property boasts an enviable location, offering unparalleled access to major transportation arteries and key industrial players. Situated at 29005 Old Hwy 20, Limestone County, AL 35756 (34.67080595790461, -86.81155287898872), the site benefits from its proximity to Huntsville International Airport, significantly reducing transportation costs and logistical complexities. Furthermore, its strategic placement near established industrial giants such as the Mazda/Toyota Manufacturing Plant, Amazon Fulfillment Center, Polaris Industries, and Target Distribution Center provides immediate access to a robust workforce and established supply chains. This prime location offers significant advantages for businesses seeking efficient operations and strategic expansion within a thriving industrial ecosystem. The property's Agricultural/Industrial zoning allows for a wide range of development possibilities, catering to diverse industrial needs. This presents a compelling opportunity for developers and businesses alike to establish a strong foothold in a rapidly growing industrial corridor. The asking price reflects the exceptional value and potential of this strategically located industrial land. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,927,039
    Hospitality
    $4,513,141
    Educational
    $3,754,880
    Medical
    $3,884,016
    Retail
    $5,840,925
29005 Old Highway 20, Madison, Alabama

Location Insight

City
Madison
County
Limestone
State
Alabama
Latitude
34.6733
Longitude
-86.8075
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
$24,092
-
-
$384,180
-
$337,600
$1,583,300
$1,920,900

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