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    OFF-MARKET
    Land

    19230 Huntsville Brownsferry Rd, Athens, AL 35611

    157 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 157-acre property presents a unique investment opportunity in Limestone County, Alabama. Strategically located in a rapidly growing area, the land boasts approximately 2,500 feet of combined road frontage on Huntsville Brownsferry Road and Hightower Road, offering excellent visibility and accessibility. Situated just a quarter-mile west of Tanner High School, this expansive parcel is conveniently located just over one mile west of the planned Regional Hospital on Hwy 31 and Huntsville Brownsferry Road, and a short 2.5-mile drive from I-65 and the new Buc-ee's development. The property's proximity to the new Toyota/Mazda manufacturing plant (approximately 10 miles) further enhances its appeal. Comprising two parcels, the land features a generally level topography, primarily consisting of open farmland interspersed with attractive wooded areas. Importantly, this property is not situated within a flood zone or designated wetlands, minimizing environmental concerns and simplifying development processes. The asking price is $5,495,000, translating to $35,000 per acre, reflecting the land's significant potential for diverse development projects. County zoning permits a wide range of uses, making this a versatile and highly attractive investment.

    Property profile
    Verified
    Property type Land
    Lot 157 ac (6,838,920 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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