Great Mixed Use Development Opportunity
165 Acres Can be Zoned for Mixed Use, Multifamily or Residential Use in Decatur City limits
Marketing description
Two parcels 1901 Auburn Dr. Decatur 80 acres / 1921 Auburn Drive 80 acres and 85 acres. Bordered on three sides by residential and on the 4th side by Jack Allen Soccer fields. Can be zoned Multifamily or residential. Decatur City Limits Water / Sewer available to the property. Across street from Nungester Elementary School, Austin High School, The property is mostly covered by timber which the owners will cut (retaining Timber rights).
Decatur, AL is part of the Huntsville, AL MSA with more than 50% of Decatur's population are renters, which makes it a promising market for rental investments. Moreover, it has the great business that surrounds it, Decatur Mall which boasts big-name retailers such as Belk, Hibbett Sports, GNC and many more; Toyota/Mazda Manufacturing, Nucor, 3M. ULA that builds the rockets going to the Moon and Mars.
EPA just certified the Wetlands are only 0.17 acres in the Top Northern section next to Auburn Dr. We can supply all the information from Engineering to the EPA Certification.
Investment highlights
Motivated Seller. two lots. Can be zoned residential or multifamily.
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