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1233 Mill Ln 3.19 Acres of Commercial Land Offered at $543,600 CAD in Irondale, AL 35210

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Investment Highlights

1/4 mile from New Publix Shopping Center at Grantsmill Rd and Old Leeds Road.

Executive Summary

3.9+/- Acres on Mill Ln! Great opportunity to develop Residential Lots, Townhomes or Multifamily.

Property Facts

Price	$543,600 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units Hold For Development
Sale Condition	Redevelopment Project	Total Lot Size	3.19 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	R2 - In Alabama, the R-2 zoning designation typically represents a medium-density residential district allowing for both single-family and multi-family.

Price	$543,600 CAD
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units Hold For Development
Total Lot Size	3.19 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2 - In Alabama, the R-2 zoning designation typically represents a medium-density residential district allowing for both single-family and multi-family.

1 Lot Available

Lot 0

Price	$543,600 CAD	Lot Size	3.19 AC
Price Per AC	$170,407.52 CAD

Price	$543,600 CAD
Price Per AC	$170,407.52 CAD
Lot Size	3.19 AC

3.19 +/- acres accessible from Grantsmill Rd and Mill Ln.

Description

Former Single Family Residence with a barn/storage building. Frontage on Mill lane and Grantsmill Road. within 1/4 mile of the Publix Shopping Center. Ideal for Redevelopment into single family, town homes or Multifamily.

1 1

Property Taxes

Parcel Number	24-00-19-4-001-028.000	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$65,613 CAD

Property Taxes

Parcel Number

24-00-19-4-001-028.000

Land Assessment

$0 CAD

Improvements Assessment

$0 CAD

Total Assessment

$65,613 CAD

(205) 969-8910

Contact

Marc Scholl
ARC Realty

Listing ID: 31665619
Date on Market: 2024-05-01
Last Updated:
Address: 1233 Mill Ln, Irondale, AL 35210

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