Hobbs Island Rd Huntsville, AL 35803
- Land
- 344.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hobbs Island Rd
- Lot size
- 344.00 lot acres
- Property type
- Land
- Property subtype
- Private islands
Description
This exceptional 344-acre island property, known as Hobbs Island, presents a unique development opportunity in Huntsville, Alabama. Located on the Tennessee River, this 2.5-mile-long, 0.5-mile-wide island boasts approximately eight miles of waterfront, including an interior lake. Currently listed for sale for $7,820,000 ($22,733/acre), the property is ideally suited for a mixed-use development or a destination resort. Utilities are accessible via Hobbs Island Road, requiring underwater boring for connection. The island's strategic location offers unparalleled potential, given Huntsville's burgeoning riverfront development and its proximity to Chattanooga, Knoxville, and Decatur. The property's size and unique features allow for a variety of development scenarios, including residential, commercial, and recreational components. Potential development could incorporate a hotel, marina, residential areas, and cultural attractions, capitalizing on the island's rich history and scenic beauty. The existing infrastructure and proximity to major transportation routes further enhance its appeal. This is a rare opportunity to acquire a significant piece of undeveloped land with immense potential for growth and return on investment. The property's size and location make it a truly exceptional offering in the Huntsville real estate market. The potential for a bridge or ferry access would significantly enhance the development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.553
- Latitude
- 34.5549
