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850 malone drive - R-4 Multifamily Development Property 3.39 Acres of Residential Land Offered at $299,000 in Gardendale, AL 35071

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Investment Highlights

Zoned R-4 Multi-Family Residential.
Frontage opportunities along Malone Drive and Thompson Street.

Near I-65 access and Gardendale's Fieldstown Road commercial corridor.
Sewer, water, natural gas, and electric utilities available nearby.

Executive Summary

R-4 multifamily development opportunity near I-65 and Gardendale's Fieldstown Road commercial corridor. This approximately 3.3881-acre property offers strong visibility, frontage opportunities along Malone Drive and Thompson Street, and a previously excavated bench that is broader and more workable than current roadside views suggest.
Sewer, water, natural gas, and electric utilities are available nearby. The property is well positioned near hotels, restaurants, fuel/service uses, Cracker Barrel, and continuing commercial development in the Fieldstown Road/I-65 area.

Property Facts

Price	$299,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior
No. Lots	1	Total Lot Size	3.39 AC
Property Type	Land
Zoning	R-4 - Intent. To provide areas for multi-family res development free from other uses that are incompatible w/ the character and intent of the district

Price	$299,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior
Total Lot Size	3.39 AC
Zoning	R-4 - Intent. To provide areas for multi-family res development free from other uses that are incompatible w/ the character and intent of the district

1 Lot Available

Lot

Price	$299,000	Lot Size	3.39 AC
Price Per AC	$88,200.59

Price	$299,000
Price Per AC	$88,200.59
Lot Size	3.39 AC

Description

Development land opportunity near I-65 and Gardendale's Fieldstown Road commercial corridor. The approximately 3.3881-acre tract is zoned R-4 Multi-Family Residential and offers a strong multifamily development opportunity in a growing commercial area. Multifamily development on a tract larger than one acre requires conditional-use and site-plan approval. The final unit count will depend on survey, usable pad area, building layout, parking, circulation, open space, stormwater, setbacks, fire access, utilities, grading, and other governmental requirements. No development approval is represented or implied. The property offers good visibility within the Fieldstown Road/I-65 commercial area and is near hotels, restaurants, fuel/service uses, Cracker Barrel, and continuing commercial development. Sewer, water, natural gas, and electric utilities are available nearby.

Contact

John Farley
X3 Land Group Inc.

Listing ID: 41774456
Date on Market: 8/17/2026
Last Updated:
Address: 850 malone drive, Gardendale, AL 35071

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850 malone drive, Gardendale, AL for sale Primary Photo- Image 1 of 10 — Earth Area

850 malone drive, Gardendale, AL for sale Building Photo- Image 2 of 10 — Boundary 2

850 malone drive, Gardendale, AL for sale Building Photo- Image 3 of 10 — boundary 1

850 malone drive, Gardendale, AL for sale Building Photo- Image 4 of 10 — Boundary 3

850 malone drive, Gardendale, AL for sale Building Photo- Image 5 of 10 — Boundary 4

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850 malone drive, Gardendale, AL for sale Building Photo- Image 7 of 10 — Earth 2010

850 malone drive, Gardendale, AL for sale Building Photo- Image 8 of 10 — DJI_20260812125415_0018_D

850 malone drive, Gardendale, AL for sale Building Photo- Image 9 of 10 — 850_Malone_Drive_Intro_1 (2)

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850 malone drive - R-4 Multifamily Development Property

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