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3432 Highway 20 - Steed Business Park

138 Acres of Commercial Land Offered at $15,180,000 in Trinity, AL 35601

Investment Highlights

  • Gently sloping and mostly cleared. Rail frontage. Close to major industrial customers in the area.

Executive Summary

Trinity is located about halfway between Birmingham and Nashville. Chattanooga, Memphis, Knoxville, Montgomery, Atlanta are all two to four hours away. Huntsville and the new Toyota Mazda plant are 20 minutes from this site. Approximately half of the U.S. population lives within a day's drive of this location. This is an exceptional site for a manufacturing or warehouse user. There is frontage on the Norfolk Southern main line, but currently no spur. There have been several conceptual plans drafted for rail spurs to the site, which is fairly level to gently sloping for the most part. Steed Business park is located in the city of Trinity, AL and almost adjacent to Mallard Fox Creek Industrial Park, home to world class companies such as United Launch Alliance, RUAG, Dynetics, Polyplex, Hexcel, Nucor and Independence Tube. Other nearby industries and institutions include Haier/GE Appliances(recently announced $115 million expansion), GE Aerospace, 3M, Indorama, ConAgra, Polaris, Toyota Mazda (4,000 jobs and $1.6 billion plant currently under construction), Redstone Arsenal, Marshall Space Flight Center, HudsonAlpha Institute for Biotechnology, Cummins Research Park (2nd largest research park in the country), Boeing, Raytheon, Lockheed Martin and numerous other companies. Facebook recently announced that it would locate a $700 million data center in Huntsville, and Google has a $600 million data center under construction in Stevenson, AL, east of Huntsville. Technology driven industries thrive in north Alabama, including automotive, aerospace, biotechnology and defense companies. The Huntsville International Airport and Intermodal Center provide air and rail service throughout the country and around the world. There are weekly cargo flights to Europe, Asia and South America. The Tennessee River and its busiest port, the Port of Decatur, are minutes from Steed Business Park, providing barge access in the southeastern US and the ability to reach the Gulf of Mexico as well, via the Tennessee-Tombigbee Waterway. US Highway 72 and I-65 provide East West and North-South roads though north Alabama. Norfolk Southern and CSX provide rail service throughout the country from north Alabama as well, offering many options for bringing in raw materials and shipping finished goods. Additionally, ther are multiple major auto makers within 600 miles or so, making this an ideal location for automotive suppliers. Agent is a co-owner.

Property Facts

Price $15,180,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Distribution
  • Hotel
  • Warehouse
Total Lot Size 138.00 AC

1 Lot Available

Lot

Price $15,180,000
Price Per AC $110,000
Lot Size 138.00 AC

$100,000 - 110,000 Per Acre

Description

Property is mostly cleared and in cultivation, along with some wind breaks and timber acres. Gently sloping site. Phase 1, geotechnical, survey and other due diligence material is available to expedite closing and construction. Heavy power available in the TVA system from adjacent substation.

zoning

Zoning Code M2 (Light and heavy manufacturing would likely be allowed here. Excellent distribution site too. Frontage on Norfolk Southern main line.)
M2 (Light and heavy manufacturing would likely be allowed here. Excellent distribution site too. Frontage on Norfolk Southern main line.)
  • Listing ID: 13502043

  • Date on Market: 8/15/2018

  • Last Updated:

  • Address: 3432 Highway 20, Trinity, AL 35601

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