Description

Prime 23.84+/- Acre Development Opportunity in the Heart of Alexander City, ALDiscover an exceptional investment opportunity with this expansive property strategically located in the heart of Alexander City. Boasting dual zoning designations--R-2 (Medium Density Residential) and R-3 (High Density Residential)--this property offers versatile development potential to meet the growing housing demands of the area.Zoning Highlights:R-2 (Medium Density Residential): Ideal for single-family homes, duplexes, and select multi-family dwellings, R-2 zoning supports a balanced residential environment. R-3 (High Density Residential): Designed to accommodate higher-density housing options such as apartments and condominiums, R-3 zoning is perfect for developers aiming to maximize land use efficiency.
Property Features:
Size: 23.84 acres
Location: Centrally situated within Alexander City, offering convenient access to local amenities, schools, and transportation routes.
Utilities: Proximity to existing city utilities simplifies the development process.
Development Potential:
This property's substantial size and favorable zoning classifications make it an ideal candidate for a thoughtfully planned residential community. Whether envisioning a neighborhood of single-family homes, a series of duplexes, or a multi-family apartment complex, the possibilities are vast.
Investment Considerations:
Growing Demand: Alexander City continues to experience growth, increasing the demand for housing options.
Strategic Location: The property's central location enhances its appeal to potential residents seeking convenience and accessibility.
Flexible Zoning: The combination of R-2 and R-3 zoning allows developers to tailor projects to market needs, optimizing return on investment.
Don't miss this rare opportunity to acquire a significant tract of land with versatile development potential in one of Alexander City's most sought-after areas.