Mixed-Use PUD in Downtown Trussville

Vacant Land for Sale
Catylist Listing ID: 30642385
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Gross Land Area: 128 Acres
Sale Price: $7,000,000
Unit Price: $54,687 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2024

Overview / Comments

This 128± acre property has an approved Mixed-Use PUD that includes commercial, multi-family condominiums, townhomes, and single-family residential units. The potential is limitless for this expansive property with parcels located on both sides of Hwy11/Gadsden Hwy. A new, downtown entertainment district is planned for construction less than a mile from the site; this new development will boost the traffic count past the property, making the visibility even more valuable!

Additional Details

Nearest MSA: Birmingham-Hoover
County: Jefferson
Tax ID/APN: 1200244000001002
Property Visibility: Excellent
Largest Nearby Street: Highway 11
Feet of Frontage: 5,000
Traffic/Vehicle Count: 17,100
Highway Access: Over 5,000± feet of frontage on Highway 11
Airports: Birmingham-Shuttlesworth International Airport- 13.6 miles
Site Description: The 128± acres are divided on both sides of Hwy 11/Gadsden Hwy. The eastern portion is waterfront on Cahaba River. Parcels are divisible on case-by-case basis.
Lot Frontage: 5,000±
Lot Depth: 1,256 feet deep North of Hwy 11, 1,800 feet deep South of Hwy 11
Zoning Description: Property is under Mixed-Use PUD
Part of Planned Development?: Yes
Development Name: Trussville Springs
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,893 23,304 73,619
Median Age: 44.85 39.05 37.26
Households: 1,134 8,848 28,149


Photograph of Listing Agent

Cheryl Stovall

eXp Realty LLC Southern Branch Gulf Coast CMLS Member
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