Property profile

8462 Snake Rd Athens, AL 35611

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 60+-acre property in Limestone County, Alabama, presents a unique investment opportunity. Situated near Athens and Huntsville, it boasts a 2,630' x 60' turf airstrip (FAA 56AL) and a 50' x 84' four-plane hangar complete with bathroom, office, and kitchenette. The land offers significant development potential, featuring paved road frontage on two sides, readily available water and power, and an agricultural designation resulting in a 50% property tax reduction. Its convenient location provides easy access to I-65, placing it under 40 minutes from Huntsville and within 1.5 hours of both Nashville and Birmingham. Nearby attractions include Wheeler Lake, Joe Wheeler State Park, and the U.S. Space & Rocket Center. The property's mixed-use zoning allows for residential construction alongside the existing aviation facilities, making it ideal for an aviation enthusiast seeking a private residence or a developer targeting a niche market. An additional 58+ acres are also available for purchase. This property combines the tranquility of rural living with the convenience of city amenities and major transportation routes, offering a truly exceptional investment opportunity in one of Alabama's fastest-growing counties.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8462 Snake Rd Athens, AL 35611
Athens metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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