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5400 AL Highway 128 - Lake Martin (Land)

40 Acres of Commercial Land Offered at £1,183,500 in Alexander City, AL 35010

Investment Highlights

  • Direct access to Highway 128.
  • 4 miles from a new Publix anchored shopping center.
  • 4 miles from Highway 280.

Executive Summary

OWNER FINANCING WITH 50% DOWN @ 5% for 20 YEARS
+ Within city limits of Alexander City, AL
+ City Water, Electricity and Sewer (at main road ready for tap) to site
+ Great Opportunity to add Boat Storage or Redevelop into 250+ residential lots
+ Publix-anchored, 70,000 sf shopping center under construction 4 miles away OPENING ANY DAY NOW
+ Benjamin Russell high school under construction (1,500 students, completion September 2023)
+ Old growth hardwoods and pines on property

Attachments

LakeMartinRV Land flyer - 2023.08.14

Property Facts

Price £1,183,500 Property Subtype Commercial
Sale Type Investment Proposed Use Manufactured Homes or Mobile Home Park
No. Lots 1 Total Lot Size 40.00 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,183,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Manufactured Homes or Mobile Home Park
Total Lot Size 40.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,183,500 Lot Size 40.00 AC
Price Per AC £29,587
Price £1,183,500
Price Per AC £29,587
Lot Size 40.00 AC

Land with 53 lots in service for RV Park 1-mile from Wind Creek State Park on Lake Martin (1,445 ac park with 250,000+ visitors per year) Rough draft drawing showing existing roads for 111 lots min. of 45'x70' availability to expand more

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PROPERTY TAXES

Parcel Number 621208270000005001 Improvements Assessment £6,864
Land Assessment £12,245 Total Assessment £19,110

PROPERTY TAXES

Parcel Number
621208270000005001
Land Assessment
£12,245
Improvements Assessment
£6,864
Total Assessment
£19,110

zoning

Zoning Code Reserve Residential (Reserve Residential)
Reserve Residential (Reserve Residential)
(850) 499-5025

  • Listing ID: 29268418

  • Date on Market: 14/08/2023

  • Last Updated:

  • Address: 5400 AL Highway 128, Alexander City, AL 35010

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5400 AL Highway 128, Alexander City, AL for sale Building Photo- Image 1 of 4
Lake Martin RV Park Entry Rd
5400 AL Highway 128, Alexander City, AL for sale Building Photo- Image 2 of 4
Lake Martin RV Park Office
5400 AL Highway 128, Alexander City, AL for sale Building Photo- Image 3 of 4
Lake Martin RV Park lake photo 1

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© 2024 CoStar Group

5400 AL Highway 128 - Lake Martin (Land)
(850) 499-5025 x

5400 AL Highway 128 - Lake Martin (Land)

Dana Dellascio

(850) 499-5025

(850) 499-5025

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