8. 223-acre developmental tract inside city with water & sewer stubbed at site, affordably priced at $35,875/acre. Mixed-use industrial area with residential, commercial, schools & churches nearby. Use for industrial, commercial, or rezone for possible high-density, tax-credit housing subdivision or apartments. With r-m zoning and maximum density of 18 units/acre, 148 units are possible at only $1,993/unit land cost. Preliminary plat (see documents) has 22 industrial/commercial lots. Proposed front lot (0. 564 ac. ) included in acreage but also available separately at $49,900. Owner financing with minimum 10% down and other terms negotiable.
Home Size0 sqft
Lot Size8.2230 Acres
Neighborhood4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
The vacancy rate of homes in 31601 is
11.37% with 41.2% of homes being owner-occupied. The median household income in 31601 is $25365 per year with those between 25 and 44 having the highest median income at $31631.