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adj. to 4120 Triana Boulevard SW - $1 Auction – 2.1 Acre Parcel | 14K VPD

2.1 Acres of Commercial Land Offered at £0.79 in Huntsville, AL 35805

Investment Highlights

  • ABSOLUTE $1 AUCTION | ± 2.1 Acre Parcel | 14K VPD | 6.35% Population Growth | AUCTION DECEMBER 9-11, 2024.
  • ±14,404 VPD Traffic Counts on Triana Blvd and near Intersection of Johnson Rd with ±11,880 VPD.
  • Annual Household Income of ±$82,956 and Population of ±106,527 Individuals (5-Mile Radius).
  • ±2.1 Acres of Land adjacent to Dollar General in Huntsville, AL; 10 minutes from Downtown Huntsville.
  • 6.35% Population Growth from 2020-2024 and 10.91% Future Growth Anticipated (5-mile radius).
  • Zoned C1 and R2A, Neighborhood Business and Residential District Zoning for a Variety of Uses & Activities.

Executive Summary

Marcus & Millichap 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.

Property Facts

Price £0.79
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.10 AC

1 Lot Available

Lot

Price £1
Price Per AC £0
Lot Size 2.10 AC

This ±2.1-acre parcel in Huntsville, Alabama, offers a prime investment opportunity for development with high traffic exposure, versatile zoning, and proximity to national retailers and key infrastructure.

Description

This ±2.1-acre land parcel, located on Triana Blvd in Huntsville, Alabama, provides an exceptional opportunity for development. With traffic counts of approximately 14,404 vehicles per day on Triana Blvd and 11,880 vehicles per day on Johnson Road, the property offers excellent visibility and accessibility. Just 2.8 miles from the entrance to I-565 and with direct access to downtown Huntsville, it is ideally situated in a strong commercial corridor, surrounded by national retailers such as Walmart, Whole Foods, and Chick-fil-A. Zoned C1 (Neighborhood Business District), the parcel allows for a wide range of uses, including retail, office, restaurant, and medical services, while the rear portion, zoned R-2A Residential, permits multi-family or single-family development. With its strategic location in a rapidly growing market and proximity to major employers like Redstone Arsenal and NASA, this property is a prime investment for future development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-05-15-1-003-081.000
Land Assessment
£14,773
Improvements Assessment
£99,541
Total Assessment
£114,314

zoning

Zoning Code C1 (Neighborhood Business District Zoning)
C1 (Neighborhood Business District Zoning)
  • Listing ID: 33684723

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: adj. to 4120 Triana Boulevard SW, Huntsville, AL 35805

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