Prime Development Opportunity: The offering consists of 23.11 acres. The land is an entitled site and approved for 240 potential multifamily units. Additionally, because the land is in the county, there will be no planning, approval, or permitting process. The size of the site allows the potential opportunity for future expansion or Phase II.
Highly Ranked Limestone County: Limestone County has been ranked #1 in growth for North Alabama (WAFF). The county has grown 4% in the last year.
Growth In Limestone County: Limestone County has seen significant investments recently, including:
Exploding Huntsville Market: Huntsville is the fastest growing metropolitan area in Alabama and recently became the largest city in the state. According to CoStar, a range of economic drivers, such as low business and living costs, favorable tax incentives, high in-migration, and the presence of Redstone Arsenal, have attracted a diverse group of businesses to the area.
Midcity District: Located roughly 9 miles from the property, MidCity District is a $500 million, 100-acre multi-use development that is slated to include 350,000 SF of retail, 400,000 SF of office, and 650 hotel rooms once completed.
Proximity To Major Employers: The site allows quick access to many of Huntsville’s best employers, including:
Huntsville Rated #1 Place To Live In USA: According to U.S. News, Huntsville has been rated the #1 place to live in the United States.
Massive Huntsville Corporate Developments:
THIS CONFIDENTIALITY AND BROKERAGE AGREEMENT ("Agreement") is made and agreed to by you ("Prospective Buyer") for the benefit of THE KIRKLAND COMPANY ("Broker"), with respect to certain real property ("Burgreen Road Land") located in Madison, Alabama.
BACKGROUND:
1 The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyer may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and therefore are subject to variation.
NOW THEREFORE, the parties agree, in consideration of the covenants and agreements contained herein, as follows:
By submitting this form, you have acknowledged, read, and agreed to this above Confidentiality and Brokerage Agreement.
THIS CONFIDENTIALITY AND BROKERAGE AGREEMENT ("Agreement") is made and agreed to by and between THE KIRKLAND COMPANY ("Broker"), and "Prospective Buyer" with respect to the sale of certain real property located in Madison, Alabama and known as Burgreen Road Land (“Property”).
NOW THEREFORE, the parties agree, in consideration of the covenants and agreements contained herein, as follows: