8462 Snake Rd Athens, AL 35611
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.