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934 Slaughter Rd - 23.40 Acres MIXED USE/INVESTMENT 23.4 Acres of Commercial Land Offered at $3,700,000 in Madison, AL 35758
Investment Highlights
- Unique Opportunity for Investors and Developers
- High Traffic Count of 13,650 VPD and High Visibility with 630 feet of Road Frontage
- Zoned AG and rezoning is permitted upon plan approval
- 3.40+/- Acres on Slaughter Road
- Ideal for Mixed-Use Development, Commercial and High-Density Residential
- Call Tom Armstrong, 256-684-6606 for more information
Executive Summary
The land is ideal for mixed-use development, accommodating both commercial and high-density residential projects. This flexibility allows for a blend of retail, office spaces, and residential units, catering to diverse needs. Rezoning is permitted upon plan approval, allowing developers to tailor the land use to meet specific project goals.
The land is level at the front and gently slopes towards the rear, making it versatile for various construction needs. There is no flood hazard, ensuring the safety and protection of future developments. It also features approximately 630 feet of road frontage. It is also located just minutes from Research Park and commercial/residential establishments.
For additional information, call Tom Armstrong, 256-684-6606 or email tom@parkprops.com.
Property Facts
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 23.40 AC |
| Price Per AC | $158,119.66 |
| Price | $3,700,000 |
| Price Per AC | $158,119.66 |
| Lot Size | 23.40 AC |
Level to Gently Rolling topo, 630' road frontage, High visibility, High Traffic Count of 13,650 VPD
Description
This 23.40+/- acre parcel presents a unique opportunity for investors and developers looking to capitalize on a strategically located piece of land with potential for commercial development. The property benefits from a high traffic count, increasing its potential for commercial success. Additionally, its high visibility makes it an attractive option for businesses seeking exposure with both being crucial elements for commercial achievement. The land is ideal for mixed-use development, accommodating both commercial and high-density residential projects. This flexibility allows for a blend of retail, office spaces, and residential units, catering to diverse needs. Rezoning is permitted upon plan approval, allowing developers to tailor the land use to meet specific project goals. The land is level at the front and gently slopes towards the rear, making it versatile for various construction needs. There is no flood hazard, ensuring the safety and protection of future developments. It also features approximately 630 feet of road frontage. It is also located just minutes from Research Park and commercial/residential establishments. For additional information, call Tom Armstrong, 256-684-6606 or email tom@parkprops.com.
Property Taxes
| Parcel Number | 16-01-02-0-001-072.000 | Improvements Assessment | $0 |
| Land Assessment | $1,200 | Total Assessment | $1,200 |
Property Taxes
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934 Slaughter Rd - 23.40 Acres MIXED USE/INVESTMENT
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