19230 Huntsville Brownsferry Rd, Athens, AL 35611
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.