206 Travis RdHuntsville, AL 35806

Property Details for 206 Travis Rd

Property type

Mixed-use properties

Description

This exceptional mixed-use property presents a unique investment opportunity in Huntsville, Alabama. The offering includes a newly renovated five-bedroom, one-bathroom home situated on 1.02 acres at 206 Travis Rd NW, currently generating $1,800 per month in rental income. This property, along with two adjacent parcels (218 Travis Rd NW and a 2.05-acre lot on Research Park Blvd, sold separately), comprises a total of 4.67 acres. The combined acreage boasts an impressive 700 feet of road frontage on Research Park Blvd, providing significant visibility and accessibility. The property is not located within city limits and is currently unzoned, offering flexibility for various development options, including business ventures or apartment complexes. Its strategic location provides convenient access to major thoroughfares and key points of interest: I-565 (4 miles), the Mid-City entertainment district (2 miles), Redstone Arsenal (5 miles), Cummins Research Park (3 miles), Oakwood University (1 mile), the University of Alabama in Huntsville (4 miles), Toyota Motor Manufacturing (6 miles), and Blake Bottom Industrial Park (3 miles). The asking price for this remarkable property is $387,000. Due to tenant occupancy, please refrain from entering the property without prior contact. This is a prime opportunity to capitalize on a highly sought-after location with significant development potential.

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7608

Longitude

-86.6713

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