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1233 Mill Ln 3.19 Acres of Commercial Land Offered at $400,000 in Irondale, AL 35210

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INVESTMENT HIGHLIGHTS

1/4 mile from New Publix Shopping Center at Grantsmill Rd and Old Leeds Road.

EXECUTIVE SUMMARY

3.9+/- Acres on Mill Ln! Great opportunity to develop Residential Lots, Townhomes or Multifamily.

PROPERTY FACTS

Price	$400,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units Hold For Development
Sale Condition	Redevelopment Project	Total Lot Size	3.19 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	R2 - In Alabama, the R-2 zoning designation typically represents a medium-density residential district allowing for both single-family and multi-family.

Price	$400,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units Hold For Development
Total Lot Size	3.19 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2 - In Alabama, the R-2 zoning designation typically represents a medium-density residential district allowing for both single-family and multi-family.

1 LOT AVAILABLE

Lot 0

Price	$400,000	Lot Size	3.19 AC
Price Per AC	$125,391.85

Price	$400,000
Price Per AC	$125,391.85
Lot Size	3.19 AC

3.19 +/- acres accessible from Grantsmill Rd and Mill Ln.

DESCRIPTION

Former Single Family Residence with a barn/storage building. Frontage on Mill lane and Grantsmill Road. within 1/4 mile of the Publix Shopping Center. Ideal for Redevelopment into single family, town homes or Multifamily.

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(205) 969-8910

CONTACT

Marc Scholl
ARC Realty

Listing ID: 31665619
Date on Market: 5/1/2024
Last Updated:
Address: 1233 Mill Ln, Irondale, AL 35210

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