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556 Martin Rd SW
Huntsville, AL 35824
Martin Road Land · Land For Sale
·
18.50 AC
Investment Highlights
- SIGNIFICANT SITE WORK ALREADY COMPLETED
- EXISTING STORMWATER INFRASTRUCTURE
- HIGH-EARNING RESIDENT BASE
- UTILITIES ON-SITE
- POTENTIAL FOR REDUCED DEVELOPMENT COSTS
- #6 FASTEST GROWING METRO IN THE U.S.
Executive Summary
18.5 (+/-) acres for sale on Martin Road in Huntsville, AL. R2B zoning structure, accommodating a variety of residential uses, including single-family homes, duplexes, and townhomes, as well as select complementary uses such as assisted living and lodging. The district permits minimum 6000 sqft lots, building heights of up to 3 stories or 45 feet and maximum lot coverage of 50%. The site has been rough graded, providing a strong head start for future development. A stormwater retention pond is in place, eliminating a major infrastructure component that would typically need to be designed and constructed by a purchaser. Utilities are available and have already been extended to the site as a result of the adjacent apartment development, simplifying future connections and project planning.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Development |
| Property Type | Land | Total Lot Size | 18.50 AC |
| Zoning | R2B - R2B zoning accommodates a variety of residential uses, including single-family homes, duplexes, and townhomes, as well as select complementary uses. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 18.50 AC |
| Zoning | R2B - R2B zoning accommodates a variety of residential uses, including single-family homes, duplexes, and townhomes, as well as select complementary uses. |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 18.50 AC |
| Price Per AC | $135,135.14 |
| Price | $2,500,000 |
| Price Per AC | $135,135.14 |
| Lot Size | 18.50 AC |
Property Taxes
| Parcel Number | 16-08-33-0-000-056.001 | Improvements Assessment | $0 |
| Land Assessment | $468,000 | Total Assessment | $468,000 |
Property Taxes
Parcel Number
16-08-33-0-000-056.001
Land Assessment
$468,000
Improvements Assessment
$0
Total Assessment
$468,000
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