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1.56 Ac, Dollar General Adjacent

Arab, AL 35016

Cullman County, Alabama

1.56 Acres
Land Auction
July 24, 2024 12:00 PM
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Land Description

RI Marketplace Online Auction July 22-24, 2024.

Register to Bid on Marketplace.

Investment Highlights

±1.56 Acres of Land Adjacent to Dollar General in Arab, Al

Attractive Demographics with 5-Mile Population of ±14,283 Individuals and Annual Household Income of ±$66,675

±5,544 VPD Traffic Count frontage on US Highway 231

Flexible Zoning for a Variety of General Commercial Uses & Activities

Absolute $1 Auction - NO Reserve

Offering Summary

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.56-Acre land parcel located adjacent to 5975 County Road 1763 (the “Property”) in Arab, Alabama. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±1.56-Acre parcel situated adjacent to Dollar General with frontage on US Highway 231 with traffic counts of ±5,544 vehicles per day. Cullman County does not have a zoning ordinance, making this site suitable for a variety of commercial uses via adaptive reuse or repositioning. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

The Property is conveniently located 3 miles south of downtown, within Cullman County, Alabama. The Property is strategically surrounded by numerous roof tops and is located in an area that serves ±14,283 people with an average household income of ±$66,675 within a 5-mile area. The population has experienced 4.49% growth from 2010-2023 with 2.51% growth expected to continue through 2028.

John Mickey Fowler

c/o Fisher Auction Company Inc.

License: Alsl466

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Commercial Zoning
Flat Terrain
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