BLAKE PROPERTY ON HIGHWAY 53

Transcription

1 BLAKE PROPERTY ON HIGHWAY 53

2 ABOUT THE PROPERTY The Blake Property on Hwy 53 includes three tracks of land and ten out parcels ranging from Acres located in a growing, under-serviced, residential community between Research Park Blvd and Douglas Road. Zoned C4 for Highway Business, this property is perfectly situated to capture business from the thousands of employees commuting from Harvest, AL, into Huntsville, AL each day for work. The land is prime for development.

3 THE LOCATION Research Park Blvd NW & Hwy 53 Huntsville AL , ABOUT THE AREA Perfectly situated on the main thoroughfare utilized by the thousands of employees residing in Harvest, AL and commuting into Huntsville for work each day. Located in a growing, under-serviced residential area, prime for retail development. Property features high traffic counts on Hwy 53 in addition to excellent visibility from busy Research Park Blvd. Existing retail tenants in the area currently includes: ABC Beverages, Las Trojas Mexican Cantina, Hwy 53 Urgent Health Care, Edward Jones, Benders Fitness & Tanning, Top 10 Nails, ALFA Insurance, Exit Realty, Country Cleaners, Shell Gas, Raceway Gas, Hardees, Waffle House and more.

4 PROPERTY DETAILS ZONING: City Of Huntsville: C4 - Highway Business FRONTAGE AREA: Land on the east side of Highway 53 has approximately 2,756 feet± of frontage area Land on the west side of Highway 53 has approximately 2,847 feet± of frontage area UTILITIES ON SITE: City of Huntsville - gas, electrical, sewer, and water CURRENT 2016 DEMOGRAPHICS 3 Mile 5 Mile 10 Mile Population 38, , ,438 Households 17,064 46, ,014 Avg Household Income $66,807 $69,071 $78,242 Avg Vehicles Per Day 26,630 ± On Hwy 53 PROJECTED 2021 DEMOGRAPHICS 3 Mile 5 Mile 10 Mile Population 40, , ,071 Households 17,894 48, ,115 Avg Household Income $73,035 $74,639 $85,439

5 RETAIL MAP OF THE AREA

6 PROPERTY SITE MAP T2 T LAND TRACT 1 TRACT 2 TRACT 3 OUT PARCEL 1 OUT PARCEL 2 OUT PARCEL 3 OUT PARCEL AC AC 45 AC 1.63 AC 1.25 AC 1.24 AC 1.27 AC T OUT PARCEL 5 OUT PARCEL 6 OUT PARCEL 7 OUT PARCEL 8 OUT PARCEL 9 OUT PARCEL AC 1.23 AC 1.23 AC 1.23 AC 1.23 AC 2.41 AC

7 THE GREATER HUNTSVILLE TRADE AREA HUNTSVILLE, ALABAMA For more than 200 years, beautiful Huntsville, Alabama, nestled in the foothills of the Appalachian Mountains has attracted tourists, transfers, retirees and young professionals seeking opportunities of big city with small town hospitality. Home to NASA s Marshall Space Flight Center, state-of-the-art medical facilities and the second largest research park in the United States, Huntsville has been nicknamed The Rocket City. DEMOGRAPHICS Average household income: $76,941 (MSA) Population: 451,749 (MSA) Households: 180,308 (MSA) 4th highest average salary of any MSA in the Southeast Highest concentration of engineering degrees in the Nation MSA = Limestone & Madison Counties COLLEGE & UNIVERSITIES Home to the University of Alabama in Huntsville, Alabama A&M University & Calhoun Community College, Huntsville has a student population of over 18,000 students. BUSINESS & INDUSTRY Huntsville is one of the Top 30 fastest growing major metro s in the country (US Census, March 2014) Huntsville is among the top 10 Most promising U.S. Tech Hubs to watch in 2014 (Techie.com, January 2014) Huntsville named one of the Best Places to Live (Livability, October 2013) Huntsville 4th for Growth Potential (Business Facilities, August 2013) CNN Money ranks Madison County No. 7 in the country of a great place to live and find a job (August 2013) Huntsville named one of Forbes Top 20 Leading Metros for Business (Forbes, July 2011) REDSTONE ARSENAL Redstone Arsenal and NASA have over 7 million SF of office and research facility with 32,000 daytime employees and a budget of over $100 billion. Agencies include: U.S. Army Materiel Command, Aviation & Missile Command and Space & Missile Defense Command as well as NASA Marshall Space Flight Center. Through BRAC (Base Realignment and Closure) over 5,000 new jobs have moved to Huntsville. CUMMINGS RESEARCH PARK Encompassing 3,843 acres housing over 285 companies and more than 25,000 employees and a payroll of over $1.4 billion per year, Cummings Research Park (CRP) is the 2nd largest research park in the U.S. and the 4th largest in the world.

8 Fountain Row Suite 1100 Huntsville AL