I’ve recently come across a great residential land development opportunity for you investors and developers out there. I have 158 acres of prime development land for sale in East Limestone. The sellers will also divide the land into smaller 40 or 80 acre tracts if the situation dictates. Although the land is in East Limestone, it is directly across the street from Huntsville City Limits and annexation should go off without a hitch if the owner decided to do so.

Pricing is as follows:

40 Acres: $1,160,000

80 Acres: $2,160,000

158 Acres: $3,950,000

Below is a little more information from the site.

This development site is 158 acres with 1,250 linear feet of road frontage on Huntsville Brownsferry Road, as well as an additional 1,000 linear feet of road frontage on Newby Road. This property just had a million dollar sewer line ran through the middle of the property from Huntsville Brownsferry to Newby Road.

This property is located in the center of two major growth regions: Eastern Limestone County and Madison City. Housing values have continued to increase throughout this credit crunch and mortgage crisis, and jobs are coming to the area at a rate not seen since the mid 60’s.

This is a great opportunity to obtain land in one of the best cities in America and in the heart of strong economic growth. This property sits 4 miles from the heart of Madison and approximately 5 miles from direct access to I-65. Commercial and residential developments surround this property from nearly every direction.

For more information, along with maps and layouts, please visit the Huntsville land development site I’ve set up.

This entry was posted on Sunday, February 21st, 2010 at 9:09 pm. You can leave a response, or trackback from your own site.