Commercial Real Estate & Leasing

Commercial Land - $840,000

Gateway is excited to present this excellent offering located in Courtland, Alabama. The available offering consists of nine parcels of land which provide plentiful frontage on Highway 20 and Co Rd 389. Two of the nine parcels are not located in Courtland city limits. Most of the offering is zoned A2/A3, but can be rezoned to commercial. All parcels have access to 3 phase power. Main parcels consist of Parcel 1 with +/- 2.75 acres ($140,000) and Parcels 7-9 with +/- 24.2 acres ($700,000). Main parcels are priced, however, the remaining parcels are negotiable. It is worth noting that there are few businesses along this stretch of Hwy 20, which makes this offering a great opportunity for new businesses such as grocery chains, travel centers, etc. There are no grocery stores or fast food restaurants in Courtland and only one convenience store. All tracts offered can be sold together or separate. However, all written offers will be presented for consideration.

Overview

Price:$840,000
Year:2022
Property Size:26.95 Acres

Full Specification List

Features & Site Information:
PARCEL 1 consists of +/- 2.75 ACRES is located at the hard corner of Hwy 20 and Co Rd 389. Sewer is available to the property, as well as water, gas, and electric. Parcel is commercially zoned and not located in a flood zone. PARCELS 7-9 consists of +/- 24.2 ACRES total. +/- 14 acres is useable and has +/- 900 useable frontage on Hwy 20. The remaining +/- 10.25 acres is wooded wetland. Currently zoned A2/A3, the property can be rezoned for commercial use. Water, gas, and electric are available. In addition, the property has +/- 530 ft railroad frontage. The property to the north already has a railroad spur, but doesn’t connect to the parcel. Parcels 7 and 8 are located in the city limits, however, parcel 9 is not. All tracts offered are intended to be sold together. However, all written offers will be presented for consideration.
Information Package:
Tags:
Traffic Count:
11,708
Zoning:
Commercial/A2/A3

For more information regarding this property, or more like it, please contact:

Matthew Morehead at 256-355-0721