For Sale
$685,000

Scott St Montevallo, AL 35115

9 Acres, Approved for 46 Units

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 9.29-acre parcel in Montevallo, Alabama, presents a unique investment opportunity. Located in Shelby County, with a 35115 zip code, this land is zoned R-2 SD by the City of Montevallo and has already received approval for the construction of a 46-unit apartment complex. The site boasts convenient access to utilities, including sanitary sewer, making development straightforward and cost-effective. A detailed site plan is readily available for review, outlining the approved building layout and infrastructure. The property's prime location offers a significant advantage, situated within walking distance (0.4 to 0.6 miles) of the University of Montevallo campus, ensuring high occupancy potential and strong rental demand. The address is on Scott Street. This is a rare chance to acquire a fully permitted development site in a thriving Alabama community, poised for immediate construction and substantial returns. The asking price for this exceptional property is $685,000. The property's latitude and longitude coordinates are 33.1078495 and -86.8549766 respectively.

Highlights

  • $685,000 asking price for 9.29 acres of land zoned for residential development.
  • Approved for 46 apartment units.
  • Located within walking distance of the University of Montevallo.
  • Site plan available upon request.
  • Utilities, including sewer, on-site.
  • R-2 SD zoning in Montevallo, Alabama.

Property Details for 0 Scott St

Property type
Land
Lot Size (sq. ft)
404,672 SF

Location Insight

City
Montevallo
County
Shelby
State
Alabama
Latitude
33.1078495
Longitude
-86.8549766

FAQs

What type of property is this?
Land - 9 Acres, Approved for 46 Units
Where is the land located?
The property is located at Scott St Montevallo, AL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: $685,000 asking price for 9.29 acres of land zoned for residential development.; Approved for 46 apartment units.; Located within walking distance of the University of Montevallo.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Scott St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message