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Commercial

$1 Auction – 0.91 Acre Parcel | Huntsville CSA | 9K VPD

adj. to 9868 Pulaski Pike, Toney, AL 35773

Starting Bid: $1

Lot Size
0.91 acres
Price/Acre
$1
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/1990/

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.91-acre land parcel located adjacent to 9868 Pulaski Pike (the “Property”) in Toney, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±0.91-acre parcel situated on Grimwood Road with traffic counts of ±1,919 vehicles per day and near the intersection of Pulaski Pike with traffic counts of ±7,405 vehicles per day. Unincorporated Madison County does not have a zoning ordinance, making this site suitable for a variety of commercial uses via adaptive reuse or repositioning.

The Property is conveniently located 14 miles north of downtown Huntsville in Madison County, Alabama. Huntsville offers a strategic location in North Alabama, with easy access to major transportation routes including Interstate 565 and U.S. Highway 231/431. The Property is in a very dense area that serves ±17,034 people within the immediate 5-mile area and ±112,317 individuals with an AHHI of ±$90,398 within an expanded 10-mile area. The population has experienced 12% growth from 2010-2023 with 6.07% growth expected to continue through 2028. With easy access downtown Huntsville, this offering provides the opportunity to develop an extremely well-located asset within a growth market.

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

Investment Highlights

  • ABSOLUTE $1 AUCTION | 0.91 Acre Parcel | Huntsville CSA | 9K VPD | AUCTION JUNE 24-26, 2024
  • ±0.91 Acres of Land in Huntsville, Alabama MSA
  • ±1,919 VPD Traffic Counts on Grimwood Road and near Intersection of Pulaski Pike with ±7,405 VPD
  • Attractive Demographics with Population of ±17,034 Individuals and Annual Household Income of ±$84,769 (5-Mile Radius)
  • Flexible Zoning for a Variety of General Commercial Uses & Activities
  • 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 – 0.91 Acre Parcel | Huntsville CSA | 9K VPD

Starting Bid: $1

Lot Size
0.91 acres
Price/Acre
$1
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Highlights

  • ABSOLUTE $1 AUCTION | 0.91 Acre Parcel | Huntsville CSA | 9K VPD | AUCTION JUNE 24-26, 2024
  • ±0.91 Acres of Land in Huntsville, Alabama MSA
  • ±1,919 VPD Traffic Counts on Grimwood Road and near Intersection of Pulaski Pike with ±7,405 VPD
  • Attractive Demographics with Population of ±17,034 Individuals and Annual Household Income of ±$84,769 (5-Mile Radius)
  • Flexible Zoning for a Variety of General Commercial Uses & Activities
  • 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/1990/ Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.91-acre land parcel located adjacent to 9868 Pulaski Pike (the “Property”) in Toney, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±0.91-acre parcel situated on Grimwood Road with traffic counts of ±1,919 vehicles per day and near the intersection of Pulaski Pike with traffic counts of ±7,405 vehicles per day. Unincorporated Madison County does not have a zoning ordinance, making this site suitable for a variety of commercial uses via adaptive reuse or repositioning. The Property is conveniently located 14 miles north of downtown Huntsville in Madison County, Alabama. Huntsville offers a strategic location in North Alabama, with easy access to major transportation routes including Interstate 565 and U.S. Highway 231/431. The Property is in a very dense area that serves ±17,034 people within the immediate 5-mile area and ±112,317 individuals with an AHHI of ±$90,398 within an expanded 10-mile area. The population has experienced 12% growth from 2010-2023 with 6.07% growth expected to continue through 2028. With easy access downtown Huntsville, this offering provides the opportunity to develop an extremely well-located asset within a growth market. 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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