130 Acres Hwy Steele, AL 35987
This exceptional 130-acre commercial property in Steele, Alabama, presents a unique investment opportunity. Located on Highway 11 in St. Clair County, zip code 35987, this level, wooded tract offers significant potential. The property is subject to a conservation easement, allowing for residential construction and approved agricultural activities. The asking price is $299,000. A virtual tour is available online. A noteworthy feature is the possibility of acquiring an adjoining 110-acre parcel, also under a conservation easement, expanding the total acreage significantly. This property is ideal for developers seeking a large-scale project while preserving the natural beauty of the land. The location provides convenient access via Highway 11, offering excellent visibility and accessibility. Detailed information regarding the conservation easement and permitted uses is available upon request. Don't miss this chance to own a substantial piece of Alabama land with diverse development possibilities. Coordinates: Latitude 33.8850487, Longitude -86.2786481. Virtual Tour: https://youtu.be/tjAD7noEJgM
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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