Residential Land /AL /Madison County /Madison /203 Lanier Rd
Residential Land /AL /Madison County /Madison /203 Lanier Rd

203 Lanier Rd - Residential LAND FOR SALE


Madison, AL 35758 | 239,580 SF
$2,475,000 USD
256-682-9143
203 Lanier Rd, Madison, AL for Sale
$2,475,000 USD
Residential LAND - FOR SALE
1/3
239,580 SF
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203 Lanier Rd
Madison, AL 35758

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HIGHLIGHTS

  • Zoned Multifamily with Incentive District benefits
  • Within historic downtown Madison - very walkable
  • Improved with 17 existing apartment units - provides immediate cash flow
  • Located in nexus of Huntsville's major employment nodes
  • Coveted Madison City Schools & walkable to Middle School

OVERVIEW

Prime redevelopment opportunity, with existing income stream from well-performing apartments that represent a severe under-utilization of the property.

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/ACRE

$450,000/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Autumn Oaks Apartments and Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

5.5 AC

LAND SF

239,580 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable, Telephone

ZONING

R-4, Multifamily District

APN/PARCEL ID

16-05-16-0-002-009.000

ASK ABOUT THIS PROPERTY

David Wilson, MAICrunkleton & Associates, LLCMore Info
256-682-9143

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David Wilson, MAICrunkleton & Associates, LLCMore Info
256-682-9143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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