Overview

Description

Unlock the potential of 266± acres surrounded by a thriving community in Enterprise, Alabama. This expansive property offers a distinctive opportunity for visionary developers and is strategically located just off Hwy 27 S and Boll Weevil Circle in a federally designated Opportunity Zone.

Location Overview: The SW area of Boll Weevil Circle is characterized by continuous commercial development, with a rising demand for housing in the area. Close proximity to 3 esteemed schools, Coppinville Jr. High - 600 students, Brookwood Elementary - 555 students, and Enterprise State Community College - 1,800 students. Enterprise boasts a 25% population increase since 2000, with a strong military presence as Fort Novosel is located 10 miles away.

Commercial Growth: This property is just below the rapidly expanding commercial corridor on Boll Weevil Cir, including Fairfield Inn & Suites, Candlewood Suites, Santa Fe, Clark Cinema 10, Huddle House, Ace Hardware, All In Credit Union and various mixed-use developments coming soon. Recently developed Mitchell Chrysler dealership nearby adds to the vibrancy and economic potential of the surrounding area.

Topography: The land boasts a mostly level terrain comprised of 102 acres of open land and approximately 28 acres of planted pines, providing a versatile canvas and attractive blend of open space and natural forestry.

Opportunities: The property's strategic location and expansive acreage makes it an excellent candidate for various development purposes, including single-family subdivision, assisted living communities, and/or multi-family development. The City of Enterprise has expressed strong support for future residential development here and will assist in providing utilities and infrastructure to the property.

Located off Boll Weevil Circle and Ambrose Jones Lane in Enterprise, AL.

Highlights

• Located near rapidly expanding southwest area of Boll Weevil Circle with an AADT of 19,000+ VPD
• Excellent location for single-family subdivision or multi-family development
• Located in a federally designated Opportunity Zone
• Influx of commercial development nearby & rising demand for housing
• Located behind Clark Cinema 10 Theater
• Nearby Schools: Coppinville Jr. High, Brookwood Elementary and Enterprise State Community College
• Close proximity to Fairfield Inn & Candlewood Suites, Santa Fe Steakhouse, Huddle House, Ace Hardware, All In Credit Union & more
• Various additional mixed-use developments planned for the area

Documents

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