Catylist ID:
#30297069
| Catylist Listing ID: | 30297069 |
| Property Subtypes: | Agricultural, Hospitality, Industrial, Office |
| Gross Land Area: | 5 - 138 Acres |
| Sale Price: | $50,000 - 60,000 Per Acre |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/28/2020 |
Overview / Comments
|
Trinity is located about halfway between Birmingham and Nashville. Chattanooga, Memphis, Knoxville, Montgomery, Atlanta are all two to four hours away. Huntsville and the new Toyota Mazda plant are 20 minutes from this site. Approximately half of the U.S. population lives within a day's drive of this location. This is an exceptional site for a manufacturing or warehouse user. There is frontage on the Norfolk Southern main line, but currently no spur. There have been several conceptual plans drafted for rail spurs to the site, which is fairly level to gently sloping for the most part. Steed Business park is located in the city of Trinity, AL and almost adjacent to Mallard Fox Creek Industrial Park, home to world class companies such as United Launch Alliance, RUAG, Dynetics, Polyplex, Hexcel, Nucor and Independence Tube. Other nearby industries and institutions include Haier/GE Appliances (recently announced $115 million expansion), GE Aerospace, 3M, Indorama, ConAgra, Polaris, Toyota Mazda (4,000 jobs and $1.6 billion plant currently under construction), Redstone Arsenal, Marshall Space Flight Center, HudsonAlpha Institute for Biotechnology, Cummins Research Park (2nd largest research park in the country), Boeing, Raytheon, Lockheed Martin and numerous other companies. Facebook recently announced that it would locate a $700 million data center in Huntsville, and Google has a $600 million data center under construction in Stevenson, AL, east of Huntsville. Technology driven industries thrive in north Alabama, including automotive, aerospace, biotechnology and defense companies. The Huntsville International Airport and Intermodal Center provide air and rail service throughout the country and around the world. There are weekly cargo flights to Europe, Asia and South America. The Tennessee River and its busiest port, the Port of Decatur, are minutes from Steed Business Park, providing barge access in the southeastern US and the ability to reach the Gulf of Mexico as well, via the Tennessee-Tombigbee Waterway. US Highway 72 and I-65 provide East-West and North-South roads though north Alabama. Norfolk Southern and CSX provide rail service throughout the country from north Alabama as well, offering many options for bringing in raw materials and shipping finished goods. Additionally, ther are multiple major auto makers within 600 miles or so, making this an ideal location for automotive suppliers. Agent is a co-owner. -Toyota Mazda-Greenbrier/Huntsville AL-20 miles -GM-Spring Hill TN-99 miles -Nissan-Smyrna TN-128 miles -Mercedes-Benz-Vance/Tuscaloosa AL-130 miles -Honda-Lincoln AL-136 miles -VW-Chattanooga TN 149 miles -Hyundai-Montgomery AL-192 miles -GM-Bowling Green KY- 192 miles -Kia-West Point GA-228 miles -Nissan-Canton MS-281 miles -Ford-Louisville KY-289 miles -BMW-Greer/Spartanburg SC-354 miles -Toyota-Georgetown KY-355 miles -Honda-Marysville OH-506 miles -Volvo-Ridgeville SC-511 miles -GM-Roanoke/Ft. Wayne IN-517 miles -Mercedes-Benz-North Charleston, SC-527 miles -Ford-Chicago IL-578 miles |
Attachments & Media
Additional Details
| Nearest MSA: | Decatur |
| County: | Morgan |
| Taxing Authority: | Morgan County AL |
| Tax ID/APN: | 02-04-17-0-000-001.000 |
| Zoning: | AGRICULTURAL |
| Property Located Between: | Woodall Road and Red Hat Road on the south side of Highway 20 West |
| Property Visibility: | Good |
| Largest Nearby Street: | US Highway 20 West |
| Traffic/Vehicle Count: | 21,500 |
| Highway Access: | Access to and from Highway 20 via Steed Road. Highway 20 is also accessible via Woodall Road to a signalized intersection at Highway 20 and Woodall Road. |
| Rail Access: | Yes |
| Airports: | Pryor Field (DCU) -9.4 miles, Huntsville International Airport (HSV)-20 miles |
| Site Description: | Gently sloping farmland, mostly cleared with some acreage in trees. Currently under cultivation. Steed Road bounds this tract on the north and the Norfolk Southern mainline is on its southern boundary. Easy access from Highway 20 to the north and from Woodall Road from the east. |
| Area Description: | It is surrounded by 400,000+ SF of warehouse and light manufacturing users, contractors, offices and retailers. It is in the heart of Decatur/Trinity's main industrial corridor. Highway 20 is the main east-west corridor through north Alabama, helping to connect Chattanooga to Memphis. |
| Zoning Description: | Agricultural |
| Part of Planned Development?: | Yes |
| Development Name: | Steed Business Park |
| Topography: | Gently Sloping |
| Easements: | Electric Lines, Ingress/Egress, Utilities |
| Available Utilities: | Electric, Water, Cable, Broadband, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 17,724 | 46,183 |
| Median Age: | 36.83 | 36.52 |
| Households: | 6,906 | 18,340 |
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