Highway 280, Alexander City, AL 35010
Description
Supplements: Approximately 1200 linear feet of Hwy 280 (4-lane divided Hwy) and incorporates 3 state right-of-ways ( 2 of which already include turn lanes for access ).Approximately 44 acres for residential use surrounding Municipal Golf Course. Parcels may be purchased separately. Parcel 1, 31. 67 acres more or less. This acreage fronts the golf course. This parcel has approximately 228.41 ft. HWY 280 road frontage. Parcel 2,7.10 acres more or less has approximately 377.53 ft. HWY 280 road frontage. Great possiblity for boat storage on the rear that would be harmonious to the proposed neighborhood.Midway Estates Road is a county road and is located between Parcel 2 & 3. Parcel 3, 5.5 acres more or less, including the pond on the corner of County Road 40/Peckerwood and Hwy 280 . Contains approximately 591.08 road frontage on Hwy 280 and approximately 249 ft. road frontage on Hwy 40,inclusive of the County and State right of ways. Seller would most likely place deed restrictions on the commercial frontage ,if sold separately from the residential, so as to maintain a harmonious development. Eleven (11) trailer pads are currently being leased on a month-to-moth basis, thus providing a substantial residual income base to the buyer. Seller has completed deeding all occupied trailers to the tenants to rid of the moving expense, reduce liability, and provide development flexibility for the buyer. Significant "built-in" retail potential exists at the location of the corner of County Road 40/Peckerwood and Hwy 280 ( Parcel 3 ) as the Municipal Golf Course, immediately bordering the property, is noticeably lacking in both commercial. retail and concession services.
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