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30084569
30084570

1030 Overlook Drive, Trussville, AL 35173

PK
FL 3235872
Marcus & Millichap - Fort Lauderdale
AS
FL 3429070, GA
Marcus & Millichap - Fort Lauderdale
KH
MA License: 9537549
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale
$50,000
95 days on market
Updated 95 days ago

$1 Auction – 19 Custom Home Lots (NEW RELEASE) | Birmingham

Details
Property Type Land
Sub Type Residential
Acreage 26.590
Zoning R-1, R-2
Ownership fee simple

ABSOLUTE $1 AUCTION | 19 Custom Home Lots (NEW RELEASE) | Carrington Lakes Subdivision

Marketing description

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Marcus & Millichap and Ingram & Associates are pleased to present 19 custom home lots (the "Property" or "Parcels") in the Carrington Lakes master-planned community in Trussville, AL (Birmingham MSA). This Property offers an exceptional development opportunity in a resort-like, gated community within a fast-growing market. FIRST BID MEETS RESERVE!

The Property consists of 19 individually parceled lots ranging from 0.39-acres to 14-acres within Carrington Lakes. Community amenities include a clubhouse with a junior Olympic-sized pool, tennis courts, a playground, multiple stocked fishing lakes, boat launches, and more. Carrington Lakes HOA dues are currently $715 per year for undeveloped lots and $1,430 per year for developed lots. The Parcels are currently zoned Residential with three parcels zoned R-1, seven parcels zoned R-2, and six zoned RG (Garden Home Residential District).

R-1 Zoning: 1010 Overlook Dr, 1030 Overlook Dr, 1035 Overlook Dr, 1040 Overlook Dr, 1045 Overlook Dr, 1050 Overlook Dr, 1060 Overlook Dr, 4029 Overlook Way, 4033 Overlook Way, 4036 Overlook Way, and 14 acres adjacent to Blackjack Road & Train Tracks allow for single-family residences on estate-sized lots with a minimum lot size of 20,000 SF.

R-2 Zoning: 110 Waterford Circle, 5534 Carrington Lake Pkwy, 5538 Carrington Lake Pkwy, 5542 Carrington Lake Pkwy, 5546 Carrington Lake Pkwy, 5551 Carrington Lake, 5815 Enclave Circle, and the NWC of Carrington Lake Pkwy and Waterford Circle allow for single-family residences on lots with a minimum size of 15,000 SF.

Trussville is one of the fastest-growing areas around Birmingham. Some of Alabama’s largest employers, including the University of Alabama at Birmingham (UAB), Regions Financial Corp., and St. Vincent’s Health System, are located in the Birmingham area. Automotive manufacturing is a dominant sector in the region, with four automakers within an 80-mile radius of downtown Birmingham. From 2020-2024, the area around the Property experienced a 3.68% population growth within a three-mile radius, with an additional 3.45% growth expected from 2024-2029. In 2024, the Property had approximately 38,189 individuals residing within a five-mile radius, with an average household income of ±$109,913.

Investment highlights

  • ABSOLUTE $1 AUCTION | 19 Custom Home Lots (NEW RELEASE) | Carrington Lakes Subdivision | Birmingham MSA | AUCTION MAY 4-6

  • 19 Individually Parceled Lots within Carrington Lakes Master-Planned Community (Birmingham MSA)

  • Located in an Affluent Section of Birmingham MSA with Average Household Income over $118,076

  • Home Values Average $297,780 (3-Mile Radius)

  • Resort-Like Amenities within Gated Community include Stocked Lakes, Junior Olympic Size Pool, Clubhouse, Fitness Center, Beach Volleyball Court, Tennis Courts, Basketball Court, Walking Trails, Gazebo and more

Listing Contacts

PK
FL 3235872
Marcus & Millichap - Fort Lauderdale
AS
FL 3429070, GA
Marcus & Millichap - Fort Lauderdale
KH
MA License: 9537549
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale

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Additional Information

Name
Eddie Greenhalgh
License
Lic #: 000088298-0
Brokerage
Marcus & Millichap
Title
Broker of Record
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