Prime ±1.39 acre redevelopment opportunity in booming downtown Cullman — positioned in the heart of a city undergoing vibrant transformation and growth. Situated along one of the most trafficked corridors (±20,000 VPD), this site offers the flexibility of ground-lease or sale, and lies within a designated Opportunity Zone to maximize investor incentives. With infrastructure in place and pad-ready potential, this is a rare chance to anchor your next destination in a great community. Key Highlights: - High visibility & traffic volume – Positioned on a corridor with approximately ±20,000 vehicles per day, making it one of the highest traffic counts in the city. - Prime downtown redevelopment parcel – ±1.39 acres in the heart of downtown Cullman, ready for a ground lease or sale, and ideal for new construction, multi-use or flagship development. - Pad-ready potential – Site can be brought to pad-ready status for a ground lease, providing a fast-track into development with minimal lead time. - Opportunity Zone location – Situated within a federally-designated Opportunity Zone, offering enhanced tax-advantage benefits for qualifying investors. - Thriving local redevelopment environment – The downtown area is experiencing active revitalization, new streetscape and infrastructure improvements, and strong municipal support for growth. - Flexible transaction structure – Available for ground lease OR sale, giving developers and investors multiple paths to capture this value.