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Off Market

$1,000,000

115.14 Acres Oak Forest S/D (Old Railroad Bed Road) , Harvest, AL 35749 (Madison County)

Size: 115.14 Acres

(ONLINE AUCTION ONLY **March 22, 2014** 11:00AM - 2:00PM CT)

115.14 acres (per recorded plat), which includes a mixture of both open and wooded raw land ready for development. Development possibilities include residential subdivision. Subject property does not lie within a zoning district. The site is located approximately 12 miles NW of the central business district of Huntsville and has over 2,000 ft of road frontage on Old Railroad Bed Road. Public utilities including electricity and water are currently available to site.

LIST PRICE IS $2,150,000 WITH AN OPENING BID OF $1,000,000 IF NO OFFER RECEIVED BEFORE 3/22/14 AUCTION. Buyer Fee of 2% to be added to high bid to determine final sale price. Nonrefundable EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additio...

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Directions

I-65 S to exit 1 for US-31/TN-7. Continue on TN-7 to AL-53 S/Main St/Old US 31 S/State Line Rd W. Turn right onto Old Railroad Bed Road. Head south on Old Railroad Bed Rd past Nick Davis Rd. Land is located on the left-hand side after Love Ln and before Gilley Dr (Magnolia Springs S/D) if coming from the north. It is located across the street from Abbeywood Ln (Carriage Station S/D).