Historic Loft Redevelopment Package | Former Fort McClellan
Strategic Investment Opportunity Near Kemet Movie Works Film Production Studio | Opportunity Zone
Marketing description
FOR SALE: 7.79 Acres in Historic Fort McClellan — Includes Development Plans & Tax Credits
Seize this rare chance to own 7.79 acres in the heart of Historic Fort McClellan, strategically located in an Opportunity Zone, offering powerful tax advantages and long-term growth potential.
Includes fully developed architectural plans, Historic tax credits ($7,476,312 total), and HUD financing invitation
Land value (entitled for multifamily): $950,000 (supported by recent appraisal)
Eight historic buildings totaling 70,000 SF, all on the National Register of Historic Places (replacement cost: $2.1M)
Historic tax credits secured: $4,153,507 (State) + $3,322,805 (Federal) = $7,476,312 total
Property improvements exceeding $1M, with 100% site cleanup and 95% building demo complete
Architectural plans 85% complete, environmental approvals 100% complete, and market demand fully confirmed
HUD 221(d)(4) loan invitation in place, allowing favorable long-term construction financing
7.79 acres with 8 historic buildings redeveloped into 79 upscale apartments
Unit mix: 50 one-bedroom units, 29 two-bedroom units
Design features: Oversized windows, 10'–25' ceilings, modern kitchens and baths, open floor plans, and unique industrial character
Lifestyle & Location Advantages
Fort McClellan is more than a development — it’s a lifestyle destination:
Proposed community amenities: Clubhouse (South Beach), fitness center, pickleball courts, dog wash station, fenced dog park, grilling areas, indoor bike storage, and a walkable neighborhood design
Nearby amenities: 18-hole golf course, aquatic center, sports fields, 35-mile mountain bike course, parks, 900-acre horse park, and the National Forest
Education & training proximity: Adjacent to state and federal law enforcement training centers and the National Guard
Market Opportunity
The McClellan Industrial Lofts will be the first market-rate apartment development in Calhoun County in over 20 years, fulfilling strong demand for upscale living in a pedestrian-friendly, park-like environment.
Take the lead in Fort McClellan’s next chapter.
Contact us today to receive detailed plans, tax credit documentation, and financial materials on this exceptional investment opportunity!
Investment highlights
Fully Entitled & Ready to Build
Land value appraised at $950,000 and entitled for multifamily development
Architectural plans 85% complete and environmental approvals 100% finalized
Historic Tax Credits Secured — $7.47M
State tax credits: $4,153,507
Federal tax credits: $3,322,805
Total approved credits: $7,476,312, providing significant equity offsets
Prime Location in Designated Opportunity Zone
Substantial long-term tax advantages for investors and developers
High-growth corridor with minimal new market-rate rental competition
HUD 221(d)(4) Loan Invitation in Place
Pre-qualified for attractive, long-term construction-to-permanent financing
Unique Historic Asset with Redevelopment Momentum
Eight historic buildings totaling 70,000 SF on the National Register of Historic Places
100% site cleanup and 95% building demolition completed, reducing upfront risk
Strong Market Demand & First-Mover Advantage
First market-rate apartment project in Calhoun County in over 20 years
Designed to meet growing demand for modern, amenity-rich living spaces in a walkable, lifestyle-focused environment
Exceptional Amenity Potential
Planned community features include clubhouse, fitness center, pickleball courts, dog park, indoor bike storage, grilling stations, and more
Proximity to Extensive Recreation & Employment Hubs
Walking Distance to planned Movie Production Facility
Adjacent to golf courses, aquatic centers, mountain biking trails, and parks
Close to state and federal training centers and the National Guard headquarters
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