90 Hendrix Street $194,850

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    90 Hendrix Street Frisco City, AL 36445

    • 43.30 Acres
    • Land
    • MLS# 363265
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    Views: 29 Days On Site: 201

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    Property Details

    Frisco City, AL - NEW PRICE! $4,500/ACRE AND IMMEDIATE INCOME FOR THE NEXT YEAR - Located within the city limits is this unique opportunity to purchase a versatile 43.3-acre property with 38 acres currently leased as farmland at $100.00 per acre until the end of the year. Offering a lot of potential, whether you???re looking to expand agricultural operations, cattle, develop residential housing, or explore business ventures, its Key Features include: Substantial road frontage, including 2176 feet of paved frontage on Hendrix Street, 977 feet of paved frontage on Wildfork Road, and 794 feet of frontage on Ryder Ln.. Utilities and Infrastructure: All essential utilities are available (with a connection fee required), including city water, garbage services, gas, electricity, and internet access. These amenities ensure that the property is well-equipped for various development possibilities. Versatile Usage: This property allows agricultural operations, business developments, single-family homes, and multi-family homes (such as apartments), and mobile homes. This flexibility makes the property suitable for a wide array of potential projects. Location Benefits & Investment Potential: Situated in the heart of Frisco City, this property offers excellent access and visibility, with significant road frontage on three major streets. The existing farmland lease provides immediate income potential, while being unzoned allows the door for diverse development opportunities. Whether you're an investor, developer, farmer, or just looking for a place to build your custom home, this is a rare opportunity in Frisco City. Don???t miss out on this unique chance to secure the best investment - Land! Please do not walk on the crops and NEVER drive on crops.. Please note that mineral rights do not convey. Buyer to verify all information during due diligence.

    • General Features
      • Area Monroe County
      • Community Features None
      • Possible Use Agricultural, Commercial, Mobile Home, Multi-Family, Single Family
      • Property Sub Type Unimproved Land
    • Property Features
      • Boat Facilities None
      • Lot Features Corner, 25-50 acres, Corner Lot, Level, Few Trees, Farmland
      • Utilities See Remarks, Water Available
      • View None/Not Applicable
      • Waterfront Features No Waterfront

    Contact

    Michael Flynn

    Associate

    RE/MAX By The Bay

    Mobile Phone: 251-802-5350

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $194,850
    12/17/2024 2:30:55 PM Price Reduced Source: Multiple Listing Service New Value: $194,850 -18.18%
    6/4/2024 4:01:00 PM New in Database Source: Multiple Listing Service New Value: $238,150

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.