63 acres with 663 of ROAD FRONTAGE on CR 20 in Elberta, AL ZONED R-3 High Density Single Family, Multi-Family, and Mobile Home Park!! This large tract has massive development potential as similar properties have been developed and exited over 14,000,000.00!!The growth in this area has been BOOMING with more doors needed! This tract has been untouched and provides the perfect landscape to clear cut and start fresh or carve out an upscale development. This tract is perfect for the savvy real estate investor to increase or store their wealth. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
Listing courtesy of EXIT Realty Lyon & Assoc.Fhope.
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