$360,000

Description

Atmore, AL- Corner lot, 20+/- acres with IMMEDIATE INCOME OF $5,300 PER YEAR! $300/month combined for 2 billboards & the land is presently being farmed with a $85.00/acre lease. With 1965 feet of Highway Road & Bell Fork Road, this is Exceptional commercial, residential, or agricultural use land. GREAT LOCATION FOR HOMES, OR APARTMENTS with easy access to 2 paved roads. Conveniently 1 mi from I-65 & 6 mins from Walmart Super Center. Located in a Commercial growth area, this property serves as a Gateway to I-65, River Cane Development & the Historic District of Downtown Atmore. City water & sewer are available. This excellent Corner Lot offers many possibilities, great potential & multiple uses! Hwy 21 is a highly trafficked State Highway traveled by nearly 10,000 locals, travelers, tourists & truckers per day in this particular section of the Hwy! The route travels almost the entire length of the state starting at the AL/FL state line of Atmore, the route then travels north through the heart of Atmore, passing under an intersection with I-65 at Exit 57 & ends in Piedmont, AL. At 279-miles (449 km) in length, you'll have no trouble with visibility or access!This area is primed for growth with several successful businesses already in place in the vicinity including Windcreek Casino & Hotel, a New Starbucks & a new urgent care clinic right off I-65. Recently, more than $90 million in capital investment projects have been brought to this growing city. About 48+/- New Businesses have joined this growing community. Atmore has welcomed Jack’s family restaurant, the Coastal Growers’ $84 Million peanut shelling plant that brought 100+ jobs, the new headquarters for West Escambia Utilities & the Atmore senior living village on McRae St. A new state prison was also approved for construction, bringing new job opportunities. This is the perfect location, cleared & ready to set up shop whenever you are! Check it out today! Contact the city of Atmore for all zoning inquiries.
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  • Property Details
    • Property
      • Lot description:Corner Lot, Cleared
    • Measurements
      • Acres:20
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:See Remarks, Tap Fee Due
      • Utility source:Public, Tap Fee Due
      • Utility features:Natural Gas Connected, Sewer Available, Electricity Connected, Gas, Internet, Phone Connected
  • Community and Neighborhood Details
    • Location
      • Elementary School:Local School In County
      • Middle School:Local School In County
      • High School:Local School In County
      • County:Other Counties
  • Financial Details
    • Pricing Details
      • Original List Price:$360, 000
  • Other
    • Source
      • MLS #:596052

Location

Central Bay Realty and Property ManagementReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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