Troon Dr Madison, AL 35757
- Land
- 28.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Troon Dr
- Lot size
- 28.00 lot acres
- Property type
- Land
Description
This exceptional 28-acre property in Huntsville, Alabama, presents a remarkable development opportunity. Located in Madison County, with a 35757 zip code, this land is zoned R-2, allowing for a variety of residential uses including multifamily, townhomes, apartments, duplexes, patio homes, and single-family attached and detached homes. The property's APN is 15-05-21-0-000-003.000, 15-05-21-0-000-001.007, .008, .009, and is currently owned by Avere, LLC. Its strategic location offers significant advantages. Situated just two blocks north of Highway 72, a major thoroughfare in North Alabama, and two blocks east of Clift Farm's expansive 550-acre development, this land benefits from excellent accessibility and proximity to established amenities. Furthermore, it's a half block south of The Church of the Highlands on Nance Road. The build-to-rent model is particularly well-suited to this location, given the potential for townhome development. A potential rezoning to R2-A could further enhance the density of multi-family development possibilities. The asking price for this significant parcel is $2,000,000. This property offers investors a unique chance to capitalize on Huntsville's thriving real estate market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7348
- Latitude
- 34.7709
