Commercial
$1 Auction – 2.1 Acre Parcel | 14K VPD | 6.35% Population Growth | Huntsville
Adj. to 4120 Triana Blvd SW, Huntsville, AL 35805
Starting Bid: $1
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2182/
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±2.1-acre land parcel located adjacent to 4120 Triana Blvd (the “Property”) in Huntsville, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property is a ±2.1-acre parcel situated on Triana Blvd with traffic counts of ±14,404 vehicles per day and near the intersection of Johnson Road with traffic counts of ±11,880 vehicles per day. The Property is strategically located 2.8-miles from the entrance to I-565 with traffic counts over 100,000 vehicles per day and direct access to downtown Huntsville approximately 10 minutes northeast. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Walmart, Whole Foods, Chick-fil-A, Belk, O’Reilly, Publix, Fresh Market, Academy Sports, and many more. The Property benefits from highly favorable C1, Neighborhood Business District zoning adjacent to Triana Blvd that allows for a wide variety of uses including office, personal service, financial, medical, banking, retail, restaurant, and many more. The portion of the parcel behind Dollar General is zoned Residential R-2A with permitted uses including multi-family, duplex, single family, and more. Due to its strategic location at the leading edge of development in a growing market, the Property is a prime investment opportunity with the potential for significant upside.
Huntsville, Alabama, located in northern Alabama, has emerged as one of the state’s fastest growing and most economically dynamic cities. Known for its high concentration of technology, aerospace, and defense industries, Huntsville is home to the Redstone Arsenal, NASA’s Marshall Space Flight Center, and the Cummings Research Park, which is the second-largest research park in the U.S (and fourth largest in the world). The Property is in a very dense area that serves 46,124 within a three-mile radius and ±106,527 individuals with an average household income of ±$82,956 within a 5-mile radius. The population has experienced 6.35% growth from 2020-2024 with 10.91% growth expected to continue through 2029. With easy access to national retail, downtown Huntsville, and I-565, this offering provides the opportunity to develop an extremely well-located asset within a growth market.
Investment Highlights
- ABSOLUTE $1 AUCTION | ± 2.1 Acre Parcel | 14K VPD | 6.35% Population Growth | AUCTION DECEMBER 9-11, 2024
- ±2.1 Acres of Land adjacent to Dollar General in Huntsville, AL; 10 minutes from Downtown Huntsville
- ±14,404 VPD Traffic Counts on Triana Blvd and near Intersection of Johnson Rd with ±11,880 VPD
- 6.35% Population Growth from 2020-2024 and 10.91% Future Growth Anticipated (5-mile radius)
- Annual Household Income of ±$82,956 and Population of ±106,527 Individuals (5-Mile Radius)
- Zoned C1 and R2A, Neighborhood Business and Residential District Zoning for a Variety of Uses & Activities
- Absolute $1 Auction - NO RESERVE
Auction Advisors
Broker of Record
Commercial
$1 Auction – 2.1 Acre Parcel | 14K VPD | 6.35% Population Growth | Huntsville
Starting Bid: $1
Investment Highlights
- ABSOLUTE $1 AUCTION | ± 2.1 Acre Parcel | 14K VPD | 6.35% Population Growth | AUCTION DECEMBER 9-11, 2024
- ±2.1 Acres of Land adjacent to Dollar General in Huntsville, AL; 10 minutes from Downtown Huntsville
- ±14,404 VPD Traffic Counts on Triana Blvd and near Intersection of Johnson Rd with ±11,880 VPD
- 6.35% Population Growth from 2020-2024 and 10.91% Future Growth Anticipated (5-mile radius)
- Annual Household Income of ±$82,956 and Population of ±106,527 Individuals (5-Mile Radius)
- Zoned C1 and R2A, Neighborhood Business and Residential District Zoning for a Variety of Uses & Activities
- Absolute $1 Auction - NO RESERVE
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2182/ Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±2.1-acre land parcel located adjacent to 4120 Triana Blvd (the “Property”) in Huntsville, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±2.1-acre parcel situated on Triana Blvd with traffic counts of ±14,404 vehicles per day and near the intersection of Johnson Road with traffic counts of ±11,880 vehicles per day. The Property is strategically located 2.8-miles from the entrance to I-565 with traffic counts over 100,000 vehicles per day and direct access to downtown Huntsville approximately 10 minutes northeast. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Walmart, Whole Foods, Chick-fil-A, Belk, O’Reilly, Publix, Fresh Market, Academy Sports, and many more. The Property benefits from highly favorable C1, Neighborhood Business District zoning adjacent to Triana Blvd that allows for a wide variety of uses including office, personal service, financial, medical, banking, retail, restaurant, and many more. The portion of the parcel behind Dollar General is zoned Residential R-2A with permitted uses including multi-family, duplex, single family, and more. Due to its strategic location at the leading edge of development in a growing market, the Property is a prime investment opportunity with the potential for significant upside. Huntsville, Alabama, located in northern Alabama, has emerged as one of the state’s fastest growing and most economically dynamic cities. Known for its high concentration of technology, aerospace, and defense industries, Huntsville is home to the Redstone Arsenal, NASA’s Marshall Space Flight Center, and the Cummings Research Park, which is the second-largest research park in the U.S (and fourth largest in the world). The Property is in a very dense area that serves 46,124 within a three-mile radius and ±106,527 individuals with an average household income of ±$82,956 within a 5-mile radius. The population has experienced 6.35% growth from 2020-2024 with 10.91% growth expected to continue through 2029. With easy access to national retail, downtown Huntsville, and I-565, this offering provides the opportunity to develop an extremely well-located asset within a growth market.
Auction Advisors
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments