Business Frontage with Multi-Family Depth at Taylor Rdg and US 231

Vacant Land for Sale
Catylist Listing ID: 30008601
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 13.07 - 32 Acres
Sale Price: $1,245,000 - 1,895,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 8/22/2017

Overview / Comments

This attractive investment property lends itself to a variety of Commercial use potential with over 1,000 feet of frontage along US HWY 231. The depth of the property enables equal potential for well located multi-family, self storage or light industry. Flexibility provides strength in value return potential.

An additional +/- 20 acres that would provide another 1,000 or more feet of US HWY 231 frontage is also listed by McClinton Commercial and could be combined for a favorable planned unit development site.

Additional Details

Nearest MSA: Montgomery
County: Montgomery
Taxing Authority: Montgomery
Zoning: B-2 M-1 AGR-1
Property Visibility: Excellent
Largest Nearby Street: US HWY 231
Feet of Frontage: 1,000
Traffic/Vehicle Count: 20,000
Highway Access: Direct
Airports: Dannelly Field
Site Description: Gently sloping, graded - ready for development Berm along US 231 could be lowered to increase sight line visibility
Area Description: The southern portion of Taylor Rd, which comes in at US 231 directly adjacent to the site has seen increased growth in commercial retail, single family and multi-family with projects like Hampstead and others recently. Overall pattern of development is moving quickly toward the subject property making it a great time to be developed for highest and best uses.
Lot Frontage: 1,000
Zoning Description: B-2 M-1 AGR-1
Topography: Gently Sloping
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 34,346 84,042
Median Age: 30.19 34.62
Households: 13,557 34,390
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