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18627 Huntsville Brownsferry Rd Athens, AL 35611

OFF-MARKET Land Google Maps
20 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

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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