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Mt. Vernon Development Property
Old Spring Road, Mount Vernon, AL 36560
N/A
Land
Multifamily (land)
R0104450002004
-
Last Verified 9/8/2009
Listing ID 16099492
1 Lot
Lot 1
N/A
91 AC
Multifamily (land)
2.5%
Description
91 acres of prime property located only 1.5 miles from the new $4.6B ThyssenKrupp Steel Mill Development, currently under construction in Calvert, Al. This property is ideally located with immediate vicinity to the local K-8 school, and Mt. Vernon City Hall. The property lies on slightly varying topography, and the site-map reveals a nice irregular layout that offers maximum exposure to surrounding wooded terrain. This property is an excellent site for a multi-use development, and is currently approved for high density applications. State and Federal funds for infrastructure could be available as soon as July 1, 2009.
The property is available for sale as a whole, or partial purchase. The property owner is also open to a joint development venture with the right investor group.
Colateral information regarding existing development plans, the new sewer line just approved by the state, and other data is available on request.
Mt. Vernon is located on Highway 43 appromimately 25 miles NW of Interstate 10. The property location includes much of the property immediately North of the current city of Mt. Vernon's current infrastructure. Site lies appromimately 1.5 miles south of the ThyssenKrup Plant Site currently under construction
Map of Old Spring Road, Mount Vernon, AL 36560 (Mobile County)
Created 2/11/2009
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P