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26178 Old Highway 20

2.37 Acres of Residential Land Offered at $599,000 in Madison, AL 35756

Investment Highlights

  • Growing Area of Limestone County
  • Conveniently Located
  • Potential Rental Income

Executive Summary

Gateway is excited to present this fantastic offering which consists of approximately 2.37 acres of acreage situated along Old Hwy 20 in Limestone County. The offering provides plentiful frontage and visibility on Old Hwy 20 and is situated next to Alabama Credit Union on the corner of Greenbrier Parkway and Old Hwy 20 near Mazda Toyota Manufacturing. Zoning is unrestricted offering flexible use. Greenbrier Pkwy makes for easy access to and from the booming industrial area consisting of prominent corporations such as Amazon, Target, and Polaris. All utilities are available. Land is also not located in a flood zone.
A residential home with a detached garage is located on-site, which could generate rental income. The home is +/- 4,239 sf with a hip gable roof and asphalt shingles. It is constructed of wood and brick.
It is worth noting that the property is centrally located with quick access to Decatur, Athens, Madison, and Huntsville. All written offers will be presented for consideration.

Property Facts

Price $599,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.37 AC

1 Lot Available

Lot

Price $599,000
Price Per AC $252,530
Lot Size 2.37 AC

Approximately 2.37 acres of acreage is situated along Old Hwy 20 in Limestone County. The offering provides +/- 280' of frontage and great visibility on Old Hwy 20. The lot depth is approximately 370'.

Description

Fantastic offering which consists of approximately 2.37 acres of acreage situated along Old Hwy 20 in Limestone County. The offering provides plentiful frontage and visibility on Old Hwy 20. It is located next to Alabama Credit Union on the corner of Greenbrier Parkway and Old Hwy 20 near Mazda Toyota Manufacturing. Zoning is unrestricted offering flexible use. Greenbrier Pkwy makes for easy access to and from the booming industrial area consisting of prominent corporations such as Amazon, Target, and Polaris. All utilities are available. The land is also not located in a flood zone. A residential home with a detached garage is located on-site, which could generate rental income. The home is +/- 4,239 sf with a hip gable roof and asphalt shingles. It is constructed of wood and brick.

zoning

Zoning Code Unrestricted (No zoning restrictions)
Unrestricted (No zoning restrictions)
  • Listing ID: 33550947

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 26178 Old Highway 20, Madison, AL 35756

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