1106 Martin Luther King Drive, Auburn, AL 36832
sale
$7,000,000
|
Other
Courtesy Of Keller Williams Realty ASSOCD KW Montgomery
A rare opportunity to acquire 5+ acres, extensive road frontage, water frontage, and in one of Auburn's most desirable and rapidly growing corridors. This property is located less than one mile from Auburn University and is zoned CRD-W (Comprehensive Redevelopment District-West), which offers outstanding potential in an increasingly limited market. The property features a private lake/pond, mature hardwoods, scenic topography, and two existing homes. One of the homes may be excluded from the sale and may not convey with the property. Properties of this size, location, and natural beauty near Auburn University are scarce. Potential opportunities (subject to zoning) could include luxury residential developments, estate lots, mixed-use concepts, boutique student housing, retreat-style communities, professional office development, strategic long-term land holding, and so, so much more. Ideally situated near Auburn University, this is a premier development opportunity in one of Alabama's strongest growth markets. The combination of location, CRD-W zoning, extensive road frontage, natural water feature, and development potential makes this a truly exceptional investment opportunity. Great LOCATION! LOCATION! LOCATION!
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Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Cooling System: Central Air
- Exterior Type: Block
- Floor Covering: Hardwood
- Floor Covering: Carpet
- Floors: 1
- Heating System: Central
- MLSID: E104874
- Parking Spaces: 10
- Roof Type: Asphalt
- View Type: Water
- View Type: City
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