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About This Property
This versatile 60+/- acre tract offers exceptional potential for commercial, residential, or industrial development. It features approximately 1,500 feet of frontage along Highway 72 and 1,300 feet along County Road 113 to the east, providing excellent accessibility and visibility. Acreage is unrestricted.
The topography is gently rolling, with roughly 18 acres currently in productive row crop cultivation. The property borders a rail spur on the western boundary, enhancing its appeal for industrial applications. Adjacent to the south is the Bellefonte site, which shares the same rail spur.
Strategically located between Scottsboro and Stevenson (approximately 10 minutes to each), the property offers convenient access to Huntsville (45 minutes) and Chattanooga (under 1 hour).
This tract represents a rare opportunity for forward-thinking investors seeking a high-potential site in a growing region.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2026 | Relisted | $1,500,000 | |
| Relisted | |||
| Jun 20, 2026 | No longer available | - | |
| No longer available | |||
| Dec 19, 2025 | Listed by Southeastern Land Group, LLC | $1,500,000 | |
| Listed by Southeastern Land Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017