23.84 +/- Acres Belle St, Alexander City, AL 35010
None · Tallapoosa County
Key Facts
Description
Prime 23.84± Acre Development Opportunity in the Heart of Alexander City, AL Discover 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.
Property Information
Property Type
Farm
Sub-Type
Unimproved Land
Lot Size
23.84 acres
Zoning
Multi-Family
Days on Market
365
MLS® Listing#
25-1663
Property Features
Financial Details
Annual Taxes
$60
Tax year 2024
Parcel Number
12-02-03-1-001-019.000 & 12-02-03-4-001-004.000
Directions
HWY 280 W turn Rt on Cherokee Rd, Rt on Dadeville Rd, Rt on Worthy Rd, Veer Rt on Belle St, Land begins there
Affordability Calculator
$42,000
Estimated monthly payment
$1,118/mo
Principal $168,000 · Est. interest $234,375 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alexander City, AL
- $337,952
- Median Listing Price
- 75
- Median Days on Market
- 1,976
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 359
- Active Listings
- This home’s price is 38% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alexander City, AL.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1400 Block Mexboro Road, Frisco City, AL | $149,000 | — | — | — |
| 1400 Block Mexboro Rd, Frisco City, AL | $149,000 | — | — | — |
| 3921 HIGHWAY 0431 SOUTH, PHENIX CITY, AL | $149,900 | — | — | — |
| MOUNTAIN TOP LOOP ROAD 000, PELL CITY, AL | $150,000 | — | — | — |
| 812 14TH Street, Phenix City, AL | $150,000 | — | — | 2,004 |
| 1.45 +/- Acres Sutton Bridge Road, Rainbow City, AL | $150,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Lake Martin Realty - Willow Point - 2562121498
Presented by: Drew Wilder