10.5 Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 2148376
Property Subtypes: Hospitality, Multi-Family, Retail, Self Storage
Gross Land Area: 10.50 Acres
Sale Price: $395,000
Unit Price: $37,619 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2018

Overview / Comments

Large commercial site in the path of progress! This ten-acre parcel could potentially subdivided for commercial use on the front and multi-family use in the back. (Two acres on the front are currently zoned RB and the remainder of the property is R3.)

Located on Cox Creek Parkway, just east of the Cloverdale Road (Highway 157) intersection.

Attachments & Media

Additional Details

Nearest MSA: Florence-Muscle Shoals
County: Lauderdale
Market Type: Medium
Property Located Between: Highway 157 (Cloverdale Road) & Highway 17 (Chisholm Road)
Side of Street: North
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: NW/4 of S23, TS2 R11W, Lauderdale County
Largest Nearby Street: Cox Creek Parkway
Feet of Frontage: 500
Traffic/Vehicle Count: 15,390
Transportation: Highway
Airports: Muscle Shoals Regional; Huntsville International
Lot Frontage: 500
Lot Depth: 600
Zoning Description: RB on front 2 acres, R3 on back 8 acres.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,188 38,861 51,525
Median Age: 41.23 38.4 39.42
Households: 2,913 17,220 22,477


Photograph of Listing Agent

Justin Bishop, CCIM

Pounders and Associates, Inc.
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