~19 Acre Development Opportunity | Midway Auto Auction Site

Business Opportunity for Sale
Catylist Listing ID: 30500571
Property Subtypes: Auto Related
Building Size (RSF): See Agent
Sale Price: $2,700,000
Name of Establishment: Midway Auto Auction
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash, Bank Loan
Last Updated: 10/17/2019

Overview / Comments

19.55ac currently serving as a public auto auction. Several local mixed-use endeavors are also underway, including the $300 million Town Madison project, a $27 million downtown Madison redevelopment initiative, and The Village at Oakland Springs on Huntsville Brownsferry Road.

Athens is near neighboring Huntsville, which is on track to become Alabama’s largest city with a population of 193,079 people in 2016. U.S. Census data shows Huntsville added more residents from 2015 to 2016 than any other Alabama city, while Athens also enjoyed population growth during the same period. Nearby traffic counts exceed tens of thousands of drivers each day. A short drive from Huntsville International Airport, the land is currently not zoned in Limestone County. Please call for additional information.

Additional Details

Nearest MSA: Huntsville
County: Limestone
Industry Segment: Auto Dealers
Reason for Selling: Retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 34,240 74,714
Median Age: 37.06 36.9
Households: 12,301 27,325


Photograph of Listing Agent

Matthew Welch

Re/Max Paradise Gulf Coast CMLS Member
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