13 Pension Row Madison, AL 35758

This exceptional 5.6-acre parcel in Madison, Alabama, presents a remarkable residential development opportunity. Currently zoned R2, the property boasts pre-approved plans for ten single-family residential lots, simplifying the development process. Conveniently located just one block from Old Town Madison and a short five-minute drive from Huntsville International Airport, this location offers unparalleled access to amenities and transportation. The existing site plan, approved by the City of Madison, provides a solid foundation for immediate development. The property also includes three existing buildings, offering flexibility for developers who may wish to incorporate them into their plans. This presents a unique opportunity to leverage existing structures or create a completely new residential community. The sellers are highly motivated and are open to exploring owner financing options to facilitate a smooth transaction. Furthermore, they are also willing to consider joint venture partnerships with prospective buyers interested in developing one or more of the lots, providing a collaborative approach to realizing the full potential of this prime real estate. This is an exceptional opportunity for developers seeking a turnkey project in a highly desirable location. The property is located at 13 Pension Row, Madison, AL 35758, in Madison County.