23.84 +/- Acres Belle St Alexander City, AL 35010
Estimated payment $1,571/month
About This Lot
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± acresLocation: 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 Details
Property Type
- Land
Lot Details
- 23.84 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 12-02-03-1-001-019.000 & 12-02-03-4-001-004.000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | For Sale | $250,000 | -- | -- |
Source: Lake Martin Area Association of REALTORS®
MLS Number: 25-1663
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