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Scott St Montevallo, AL 35115

For Sale
$685,000

9 Acres, Approved for 46 Units

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 9.29-acre parcel in Montevallo, Alabama, presents a unique investment opportunity. Located in Shelby County, with a 35115 zip code, this land is zoned R-2 SD by the City of Montevallo and has already received approval for the construction of a 46-unit apartment complex. The site boasts convenient access to utilities, including sanitary sewer, making development straightforward and cost-effective. A detailed site plan is readily available for review, outlining the approved building layout and infrastructure. The property's prime location offers a significant advantage, situated within walking distance (0.4 to 0.6 miles) of the University of Montevallo campus, ensuring high occupancy potential and strong rental demand. The address is on Scott Street. This is a rare chance to acquire a fully permitted development site in a thriving Alabama community, poised for immediate construction and substantial returns. The asking price for this exceptional property is $685,000. The property's latitude and longitude coordinates are 33.1078495 and -86.8549766 respectively.

Property Features for 0 Scott St

General Information

Property type
Land
Lot Size
404,672 SF

HighLights

  • $685,000 asking price for 9.29 acres of land zoned for residential development.
  • Approved for 46 apartment units.
  • Located within walking distance of the University of Montevallo.
  • Site plan available upon request.
  • Utilities, including sewer, on‑site.
  • R‑2 SD zoning in Montevallo, Alabama.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Montevallo
County
Shelby
State
Alabama
Longitude
-86.8549766
Latitude
33.1078495

FAQs

What type of property is this?
Land - 9 Acres, Approved for 46 Units
Where is this land located?
The property is located at Scott St Montevallo, AL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: $685,000 asking price for 9.29 acres of land zoned for residential development.; Approved for 46 apartment units.; Located within walking distance of the University of Montevallo.
More about this property
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