$497,340.00 or $3000 per acre
US Hwy 80 West
MLS: Information Package
LOCATION: Montgomery County off US HWY 80 West
Less than a mile from the Montgomery Airport
This is tremendous investment opportunity situated in a prime location. The 165 acre tract abuts the western edge of the city limits of Montgomery on US HWY 80. It’s only a half mile from the Montgomery Regional Airport with close proximity and easy access to I-65. Boasting great visibility along approximately 900 feet of road frontage the land is well positioned to take advantage of the Industrial expansion and current industrial sites already in the area.
The property has been in AG production over the last decade with a crop rotation that includes corn, cotton, and soybeans. There is about 113 tillable acres with crop rents commanding up to $60 per acre in the area. Additionally, the entire parcel is out of the floodplain so whether you are looking to farm, build a home, or locate a business the land is well suited for such opportunities.
It’s worth noting the 187th Wing Division of the Air National Guard was chosen to house 18 of the new F-35 fighter jets. The Air National Guard is located within the Montgomery Regional Airport. Over the next five years there will be over 100 million dollars of infrastructure spent to house and maintain the new aircraft. They are also extending the second runway 8000 ft.
This tract was originally 333 acres and was divided into two parcels. The other parcel just sold for $3000.00 per acre.
|Address:||US Hwy 80 West|
|Acres:||165.78 acres +/-|
|Lot Square Feet:||165.78 acres +/-|