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11348 US-431 S 1,023 SF 100% Leased Retail Building New Hope, AL 35760 $325,000 ($317.69/SF)
Investment Highlights
- Frontage along US Highway 431 provides high visibility.
- Located in Madison County near the Huntsville market.
- Existing improvements offer owner-user potential.
- Direct access to a major regional transportation corridor.
- Accessible to surrounding North Alabama communities.
- Suitable for continued commercial use or repositioning.
Executive Summary
11348 US Highway 431 S presents an opportunity to acquire a commercial property positioned along one of the primary north-south transportation corridors serving New Hope and the greater Huntsville region. The property's frontage on US Highway 431 provides direct exposure to daily vehicular traffic and convenient regional connectivity, supporting a variety of owner-user or investment-oriented business strategies.
Located in Madison County, the property benefits from access to the economic activity of the Huntsville metropolitan area while maintaining a location within the New Hope community. US Highway 431 serves as a key route connecting surrounding municipalities and commercial centers throughout North Alabama, providing accessibility for customers, employees, and vendors. The property's location also offers convenient access to regional transportation networks serving Huntsville, Hampton Cove, Owens Cross Roads, and Guntersville.
Located in Madison County, the property benefits from access to the economic activity of the Huntsville metropolitan area while maintaining a location within the New Hope community. US Highway 431 serves as a key route connecting surrounding municipalities and commercial centers throughout North Alabama, providing accessibility for customers, employees, and vendors. The property's location also offers convenient access to regional transportation networks serving Huntsville, Hampton Cove, Owens Cross Roads, and Guntersville.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,023 SF
Building Class
F
Year Built
1999
Price
$325,000
Price Per SF
$317.69
Percent Leased
100%
Building Height
1 Story
Building FAR
0.01
Lot Size
2.00 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 29-05-15-0-000-047.000 | Improvements Assessment | $9,960 |
| Land Assessment | $6,220 | Total Assessment | $16,180 |
Property Taxes
Parcel Number
29-05-15-0-000-047.000
Land Assessment
$6,220
Improvements Assessment
$9,960
Total Assessment
$16,180
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11348 US-431 S