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Investment Highlights

  • Zoned R-4 Multi-Family Residential.
  • Frontage opportunities along Malone Drive and Thompson Street.
  • Near I-65 access and Gardendale's Fieldstown Road commercial corridor.
  • Sewer, water, natural gas, and electric utilities available nearby.

Executive Summary

R-4 multifamily development opportunity near I-65 and Gardendale's Fieldstown Road commercial corridor. This approximately 3.3881-acre property offers strong visibility, frontage opportunities along Malone Drive and Thompson Street, and a previously excavated bench that is broader and more workable than current roadside views suggest.
Sewer, water, natural gas, and electric utilities are available nearby. The property is well positioned near hotels, restaurants, fuel/service uses, Cracker Barrel, and continuing commercial development in the Fieldstown Road/I-65 area.

Property Facts

Price $415,580 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 3.39 AC
Zoning R-4 - Intent. To provide areas for multi-family res development free from other uses that are incompatible w/ the character and intent of the district

1 Lot Available

Lot

Price $415,580 CAD
Price Per AC $122,590.00 CAD
Lot Size 3.39 AC

R-4 multifamily development opportunity near I-65 and Gardendale's Fieldstown Road commercial corridor. This approximately 3.3881-acre property offers strong visibility, frontage opportunities along Malone Drive and Thompson Street.

Description

Development land opportunity near I-65 and Gardendale's Fieldstown Road commercial corridor. The approximately 3.3881-acre tract is zoned R-4 Multi-Family Residential and offers a strong multifamily development opportunity in a growing commercial area. Multifamily development on a tract larger than one acre requires conditional-use and site-plan approval. The final unit count will depend on survey, usable pad area, building layout, parking, circulation, open space, stormwater, setbacks, fire access, utilities, grading, and other governmental requirements. No development approval is represented or implied. The property offers good visibility within the Fieldstown Road/I-65 commercial area and is near hotels, restaurants, fuel/service uses, Cracker Barrel, and continuing commercial development. Sewer, water, natural gas, and electric utilities are available nearby.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
14-00-15-1-000-022.000
Land Assessment
$23,023 CAD
Improvements Assessment
$0 CAD
Total Assessment
$23,023 CAD
  • Listing ID: 41774456

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 850 malone drive, Gardendale, AL 35071

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