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0 Hawks Way NE way - Hawk's Ridge

64 Acres of Residential Land Offered at $4,500,000 in Huntsville, AL 35811

Residential Land & Home Lots Alabama Huntsville 0 Hawks Way NE way, Huntsville, AL 35811

Investment Highlights

  • Located in the City of Huntsville, ranked #1 place to live nationally by U.S. News & World Report
  • Zoned R2A, which includes multifamily dwellings
  • Large portion of acreage surrounded by protected Land Trust, sweeping city and nature views
  • Access from I-565/Highway 72 and downtown Huntsville/Five Points
  • Three existing residential road access points with water, sewer, and electric
  • Seller open to subdivision of acreage

Executive Summary

This is one of the final opportunities to develop a significant tract of residential land within minutes of downtown Huntsville, Alabama- a booming national economic powerhouse. The 64 +/- acres of prime residential development land is located off of I-565/Highway 72 in the heart of an already established premier neighborhood in North Alabama- Hawks Ridge.

Attachments

Hawks Ridge Opportunity Deck 2024.pdf-compressed_1

Property Facts

Price $4,500,000 Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 64.00 AC
Price $4,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 64.00 AC

1 Lot Available

Lot

Price $4,500,000 Lot Size 64.00 AC
Price Per AC $70,313
Price $4,500,000
Price Per AC $70,313
Lot Size 64.00 AC

The acreage spread across 9 parcels and is zoned R2A, approved for single family detached homes, churches, townhomes, duplexes, and apartment complexes.

Description

This is one of the final opportunities to develop a significant tract of residential land within minutes of downtown Huntsville, Alabama - a booming national economic powerhouse. The 64+/- acres of prime residential development land is located off of Highway 72/Chapman Mountain in the heart of an already established premier neighborhood in North Alabama - Hawks Ridge. The acreage is spread across 9 parcels, is uniquely zoned R2A and is approved for single family detached homes, churches, government use, townhomes, duplexes, and apartment complexes. The land can accommodate a variety of different lot mixes. Recent concepts include 246 single family lots, 359 townhome lots, or a combination of the two at just under 300 lots. There are three residential road access points to the land with existing public water, sewer, and electricity. Existing homes in the neighborhood range in value from $500,000 to well over $2 million, giving the future owner a wide variety of development options to maximize their return. The investment opportunity enjoys one of the best locations in all of Huntsville and North Alabama. With unparalleled convenience, the site is easily accessed from I-565/Highway 72 and from the Five Points/Oakwood neighborhoods that feed into downtown Huntsville. In 4.5 miles and a less than 10 minute drive, you are in the center of downtown Huntsville/CBD, featuring high-end hotels, major event venues, restaurants, parks, and shopping. Other major economic centers - Research Park and Redstone Arsenal - are an easy 15 minute drive away. Huntsville and the greater North Alabama area’s economic growth has been nothing short of remarkable, attracting a host of new businesses and investments. Its strategic location, skilled workforce, world-class universities, and business-friendly policies have made it a hub for innovation and development. New business announcements, from tech giants like Blue Origin and Facebook, to innovative start ups, are regular occurrences and highlight the immense potential for commercial ventures.

Links

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-09-29-1-000-001.000
  • 13-05-21-0-000-002.000
  • 13-05-21-0-000-003.000
  • 13-08-28-0-000-013.000
  • 13-08-28-0-000-014.000
  • 13-09-29-1-000-001.001
  • 13-08-28-0-000-019.000
  • 13-09-29-1-000-037.000
  • 13-09-29-1-000-035.000
 Improvements Assessment $0
Land Assessment $106,800 Total Assessment $106,800

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-09-29-1-000-001.000
  • 13-05-21-0-000-002.000
  • 13-05-21-0-000-003.000
  • 13-08-28-0-000-013.000
  • 13-08-28-0-000-014.000
  • 13-09-29-1-000-001.001
  • 13-08-28-0-000-019.000
  • 13-09-29-1-000-037.000
  • 13-09-29-1-000-035.000
Land Assessment
$106,800
Improvements Assessment
$0
Total Assessment
$106,800

zoning

Zoning Code R2A (Approved for single family detached homes, churches, government use, townhomes, duplexes, and apartment complexes.)
R2A (Approved for single family detached homes, churches, government use, townhomes, duplexes, and apartment complexes.)
(256) 929-9096

  • Listing ID: 31865389

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 0 Hawks Way NE way, Huntsville, AL 35811

More public record information on 0 Hawks Way NE way, Huntsville, AL 35811

The Land Property at 0 Hawks Way NE way, Huntsville, AL 35811 is currently available For Sale. Contact Keller Williams Realty Huntsville for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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0 Hawks Way NE way - Hawk's Ridge
(256) 929-9096 x

0 Hawks Way NE way - Hawk's Ridge

Nicole Hartenbach

(256) 929-9096

(256) 929-9096

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