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10116 Memorial Pky NW - 9.5 Acres Memorial Parkway 9.5 Acres of Commercial Land Offered at $2,900,000 in Huntsville, AL 35810

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INVESTMENT HIGHLIGHTS

  • High visibility commercial tract

EXECUTIVE SUMMARY

Prime highway real estate. Property is just south of the Research Park Boulevard (SR-255) northern highway extension, which is currently underway. Zoned R2B. City has proposed rezoning neighboring properties to C4. 455 feet of road frontage. Previous business was a junkyard. Buildings sold "as is."

PROPERTY FACTS

Price $2,900,000
Sale Type Investment or Owner User
Sale Condition REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Hotel
Total Lot Size 9.50 AC
Zoning R2B - Can be Multifamily, Hotels, office space and commercial. Could possibly be rezoned C4.

1 LOT AVAILABLE

Lot

Price $2,900,000
Price Per AC $305,263.16
Lot Size 9.50 AC

9.5 Acres. SEC 31 T2S R1E PT OF THE W1/2 OF SEC 31 PARTIC DESC AS BEG S 3095 FT & E 116 FT FR THE NW COR OF SD SEC 31 TO TR POB SD POINT ALSO BEING ON THE E ROW OF U S HIGHWAY 231-431 TH FR THE TR POB E 909.49 FT TH S 455 FT M/L TO A FENCE TH W & AL

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-09-31-0-000-039.000
Land Assessment
$30,880
Improvements Assessment
$34,240
Total Assessment
$65,120
  • Listing ID: 29540790

  • Date on Market: 9/16/2023

  • Last Updated:

  • Address: 10116 Memorial Pky NW, Huntsville, AL 35810

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