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Commercial

$1 Auction – 7.8 Acre Parcel | Huntsville CSA | 6K VPD

adj. to (south of) 18275 AL-35, Scottsboro, AL 35768

Starting Bid: $1

Lot Size
7.82 acres
Price/Acre
$0
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Overview

RI Marketplace Online Auction June 24-26
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/1976/

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±7.82-acre land parcel located adjacent to 18275 AL-35 (the “Property”) in Scottsboro, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±7.82-acre parcel situated adjacent to Dollar General near the signalized intersection of State Route 79 with traffic counts of ±3,930 vehicles per day and West Willow Street with traffic counts of ±2,891 vehicles per day. The Property benefits from highly favorable C-3, General Commercial zoning that allows for a wide variety of uses including retail, financial, office, mini-warehousing, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Positioned in Jackson County along U.S. Highway 72, Scottsboro provides convenient access to regional and national transportation networks. The Property benefits from strong demographics with a population of 25,623 residents and an average household income of $60,501 within a 10-mile radius. The population has experienced 4.78% growth from 2010-2023 with 2.9% growth expected to continue through 2028.

John Mickey Fowler
c/o Fisher Auction Company Inc.
License: ALSL466

Investment Highlights

  • ABSOLUTE $1 AUCTION | 7.82 Acre Parcel | Huntsville CSA | 6K VPD | AUCTION JUNE 24-26, 2024
  • ±7.82 Acres of Land Adjacent to Dollar General in Huntsville, Alabama MSA
  • 4.78% Population Growth from 2010-2023 and 2.9% Future Growth Anticipated (10-mile radius)
  • Attractive Demographics with 10-Mile Population of ±25,623 Individuals and Annual Household Income of ±$60,501
  • ±3,930 VPD Traffic Counts on State Route 79 and Nearby Signalized Intersection of West Willow Street with ±2,891 VPD
  • Favorable C-3, General Commercial Zoning with Flexible Uses Permitted including Retail, Bank, Office, and Mini-Warehousing
  • Absolute $1 Auction - NO RESERVE

Auction Advisors

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Commercial

$1 Auction – 7.8 Acre Parcel | Huntsville CSA | 6K VPD

Starting Bid: $1

Lot Size
7.82 acres
Price/Acre
$0
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Highlights

  • ABSOLUTE $1 AUCTION | 7.82 Acre Parcel | Huntsville CSA | 6K VPD | AUCTION JUNE 24-26, 2024
  • ±7.82 Acres of Land Adjacent to Dollar General in Huntsville, Alabama MSA
  • 4.78% Population Growth from 2010-2023 and 2.9% Future Growth Anticipated (10-mile radius)
  • Attractive Demographics with 10-Mile Population of ±25,623 Individuals and Annual Household Income of ±$60,501
  • ±3,930 VPD Traffic Counts on State Route 79 and Nearby Signalized Intersection of West Willow Street with ±2,891 VPD
  • Favorable C-3, General Commercial Zoning with Flexible Uses Permitted including Retail, Bank, Office, and Mini-Warehousing
  • Absolute $1 Auction - NO RESERVE

Investment Overview

RI Marketplace Online Auction June 24-26 Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/1976/ Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±7.82-acre land parcel located adjacent to 18275 AL-35 (the “Property”) in Scottsboro, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±7.82-acre parcel situated adjacent to Dollar General near the signalized intersection of State Route 79 with traffic counts of ±3,930 vehicles per day and West Willow Street with traffic counts of ±2,891 vehicles per day. The Property benefits from highly favorable C-3, General Commercial zoning that allows for a wide variety of uses including retail, financial, office, mini-warehousing, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside. Positioned in Jackson County along U.S. Highway 72, Scottsboro provides convenient access to regional and national transportation networks. The Property benefits from strong demographics with a population of 25,623 residents and an average household income of $60,501 within a 10-mile radius. The population has experienced 4.78% growth from 2010-2023 with 2.9% growth expected to continue through 2028. John Mickey Fowler c/o Fisher Auction Company Inc. License: ALSL466

Auction Advisors

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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