29423 Old Highway 20Madison, AL 35756

Property Details for 29423 Old Highway 20

Lot size

18.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 18-acre commercial and industrial land parcel presents a unique investment opportunity in Limestone County, Alabama. Located at 29423 Old Hwy 20, Madison, AL 35756, this property boasts a highly desirable CIP zoning under Huntsville City limits, allowing for diverse commercial, industrial, or warehousing uses. The land is conveniently divided into two tracts of 10 and 8 acres, providing flexibility for development. Situated on a new 5-lane road with easy access to power, water, and sewer, including an existing easement for a sewer pumping station and access to new sewer lines. Its strategic location offers exceptional proximity to the rapidly expanding corridor near the new Toyota Mazda plant, making it perfect for just-in-time (JIT) suppliers. Furthermore, its close proximity to I-565 and the Huntsville airport enhances logistical advantages. A new 3-lane road connecting Old Hwy 20 with Hwy 20 runs directly across the property, providing excellent accessibility. The APN is 1706240000002.003, and the property is owned by an LLC. This property is exceptionally well-suited for a 1031 exchange.

Location Insight

City

Madison

County

Limestone

State

Alabama

Latitude

34.6711

Longitude

-86.8052

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