RESEARCH PARK BLVD. AT OAKWOOD ROAD
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RESEARCH PARK BLVD. OAKWOOD ROAD RESEARCH PARK BLVD. AT OAKWOOD ROAD ABOUT THE PROPERTY SIZE: 18.58 AC* Located on Oakwood Road and directly off of Research Park Blvd., this site includes four large tracts of land that would be an excellent opportunity for (Two Additional Tracts Can Be Included) a multi-family development. It features easy access to Oakwood University, PRICE: $2,400,000 Redstone Arsenal Gate 9, nearby convenience stores, retail shops, restaurants, and more.
RED = Must be purchased together. THE LOCATION Total of 18.58 AC; map shows how lots Research Park Blvd at Oakwood Rd. are divided. Huntsville, AL 35806 BLUE = Can be purchased as an addition. 34.757053, -86.668658 PROPERTY DETAILS • Property is located within Madison County and has the ability to be annexed into the City of Huntsville. • In addition to the two largest tracts (16.23 AC & 2.35 AC), there are two smaller tracts that can also be purchased as an addition. • Site would be ideal for a multi-family development. • Currently, there is a trailer park and several single-family homes on-site with 13 tenants—all are on short-term leases. • The site is in proximity to the new Pinnacle at Providence Publix-anchored shopping center, the Village of Providence, MidCity, Oakwood University, and Redstone Arsenal Gate 9. CURRENT 2021 DEMOGRAPHICS 1 Mile 2 Mile 3 Mile Population 3,196 20,494 41,733 Households 1,083 9,488 18,255 Avg Household Income $70,334 $70,137 $72,908 OAKWOOD ROAD PROJECTED 2025 DEMOGRAPHICS 1 Mile 2 Mile 3 Mile Population 3,494 22,321 44,629 Households 1,206 10,457 19,773 Avg Household Income $75,129 $77,827 $80,789
ABOUT THE AREA • Situated in proximity to The Village of Providence, Cummings Research Park, Redstone Arsenal, and the University of Alabama in Huntsville. • Very short drive to Redstone Arsenal Gate 9 via Research Park Blvd. • Next to Oakwood University and near Westminster Christian Academy. • Near three very large apartment complexes, Emerald Ridge, Addison Park, and The Lodge At Johns Road, in addition to rapidly growing number of new home developments. • Located on a major commuting corridor for employees working on Redstone Arsenal/Cummings Research Park and living in Meridianville, Hazel Green, and southern Tennessee. • Location is convenient to Interstate I-565 and Highway 53. • Not far from the premier outdoor shopping center in the area, Bridge Street Town Centre. • Nearby family attractions include the US Space & Rocket Center and Huntsville Botanical Gardens.
MAP OF THE AREA OL D MO RESEARCH PARK BLVD. NR OV IA RD . OAKWOOD ROAD ADVENTIST BLVD. UN IVE RSI TY DR IVE RESEARCH PARK BLVD. UNI VER SITY DRI VE
WE’RE GROWING! $140 MILLION PLANT SPEEDS UP TO $750 MILLION 1GB PER SECOND DATA CENTER $1.6 BILLION PLANT $50 MILLION EXPANSION 4,000 NEW JOBS 4,000 NEW JOBS Mazda-Toyota selected Huntsville for its landmark automotive manufacturing facility and invested $1.6 billion toward the project with equal funding contributions. Huntsville has one of the highest percentages of people with college degrees in the U.S. – more than one out of every three adults has one. Several well-known restaurants have their top-performing locations in Huntsville. Second largest MSA in the state of Alabama with over 449,720 people. #1 Tech Employment Growth in U.S. - 309%. FUN FACT: In 2018-19, the U.S. Space & Rocket Center was the #1 most-frequented tourist destination in Alabama with over 849,000 visitors. It was recently voted one of TIME MAGAZINE’S “Coolest Places In The World To Visit”.
256.536.8809 • 300 PRATT AVENUE NE, HUNTSVILLE, AL 35801 CONTACT: ERIC ST. JOHN, CCIM eric@crunkletonassociates.com 256- 384-7603 WWW.CRUNKLETONASSOCIATES.COM
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