Property summary
This exceptional 20-acre property presents a remarkable development opportunity in Athens, Alabama. Located in Limestone County, at 18627 Huntsville Brownsferry Rd, zip code 35611, this land consists of two adjacent 10-acre parcels situated approximately three miles west of the new Buc-ee's on Highway 65. The property's strategic location offers convenient access to major roadways and amenities. Its zoning allows for the construction of multifamily dwellings, making it perfect for a build-to-rent townhome or apartment complex. Further enhancing its investment potential is a signed contract generating consistent monthly income of $950 from a Verizon cell tower lease. The property is also approximately two miles west of the new Buc-ee's on Huntsville Road and Highway 65. The sellers are open to exploring joint venture or partnership opportunities with qualified developers. The asking price for this exceptional development site is $799,000. This is a rare chance to acquire a significant parcel of land with substantial upside potential in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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