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    OFF-MARKET
    Land

    18627 Huntsville Brownsferry Rd, Athens, AL 35611

    20 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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