Highway 72 Killen, AL 35645
- Land
Current Use by Public Records
- Land
Property Details for 0 Highway 72
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 408,000 dollar agricultural land parcel, located at 0 Highway 72 in Killen, Alabama (zip code 35645), presents a unique investment opportunity. Situated in Lauderdale County, this property boasts R-4 multifamily zoning, making it ideal for the development of residential units. The land has already undergone significant preparation, including grading for thirteen duplex units, significantly reducing development time and costs for the prospective buyer. Crucially, the Alabama Department of Transportation (ALDOT) has approved ingress and egress access to the property, ensuring seamless connectivity and future development feasibility. All necessary documentation pertaining to zoning, grading, and ALDOT approvals is readily available upon execution of a purchase and sale agreement. The property's latitude and longitude coordinates are 34.8809517 and -87.5000082 respectively. This ready-to-develop site offers a streamlined path to realizing a substantial multifamily housing project in a desirable Alabama location. The property is classified as agricultural land with a subtype of "Other". This is a turnkey opportunity for developers seeking a fast-track project with pre-approved infrastructure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Killen
- County
- Lauderdale
- State
- Alabama
- Longitude
- -87.5
- Latitude
- 34.881