4.3 Acre Parcel, Tuscaloosa Msa

Land Description

RI Marketplace Online Auction June 24-26, 2024.

Register to bid and access due diligence on Marketplace.

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±4.32-Acre land parcel located at 18158 Hwy 11 N (the “Property”) in Vance, Alabama. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±4.32-Acre parcel with frontage and visibility on US Hwy 11 with traffic counts of 8,410 vehicles per day. This parcel offers potential investors the ability to acquire a land play that is ideal for future commercial/retail development by an end-user or build-to-suit developer looking to capitalize on the anticipated growth once the Us-11 widening project is completed. The Property benefits from highly favorable B-1, community business zoning that allows for a wide variety of uses including retail, financial, office, medical, restaurant, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Vance, Alabama is located between Interstate 20/59 and U.S. Highway 11, along Alabama's “Automotive Corridor” between two of Alabama's largest metropolitan areas, Tuscaloosa and Birmingham. Vance is known as a small, friendly community with a vast global presence as home to the Mercedes-Benz U.S. International assembly facility, positioned just a ½-mile from the Property. Located in Tuscaloosa County within the Tuscaloosa Msa, this former Dollar General offers easy accessibility with prime frontage on U.S. Highway 11 (±8,410 Vpd) and is positioned less than 3-miles from I-20. Significant growth in industry over the last 25 years has transformed the Us-11 corridor from Daimler Benz Blvd. to Highway 5 into one of the most traveled roadways in the region. Because of some much recent economic growth brought by Mercedes-Benz U.S. International, Inc (Mbusi) and higher traffic volume, the Alabama Department of Transportation began the Us-11 widening project. The Property is positioned in the immediate path of future development once the Hwy 11 widening project is completed and is anticipated to foster a substantial amount of new growth and economic development to the immediate area. The Property positioned ±28-Minutes from Bessemer Municipal Airport, ±25-Minutes from downtown Tuscaloosa, and ±35-Minutes from Birmingham. Vance Elementary School is located adjacent to the Property (±500 students) and the City of Tuscaloosa with it premier higher education institutions including The University of Alabama serving nearly 40,000 students, Shelton State Community College Community (±7,000 total students), and Stillman College (±900 students) are less than 30-minutes from the Property. In addition to several Mbusi facilities in the area, other major corporate demand drivers proximate to the Property include KyKenKee, a major producer of Wood Products/Wood Byproducts with nearly 700-Employees (±3-Min); and Brose Tuscaloosa with nearly 700-Employees (±5-Min). The Property is strategically located in an area that serves nearly 28,500 individuals with an annual household income of within an expanded 10-mile area.

John Mickey Fowler

c/o Fisher Auction Company Inc.

License: Alsl466