Investment Overview
Sockwell Drive Townhome Development is a residential land investment and development opportunity in established, high-income South Submarket of Huntsville, Alabama. Spanning approximately 2.94 acres, the property is zoned R2-A and fully planned for a 29-lot single-family attached townhome community.
Current ownership has completed all foundational pre-development due diligence—including boundary and topographic surveys, Phase I Environmental screening, subsurface geotechnical borings, a 22-sheet civil engineering drawing package, and schematic architectural floor plans. Underwritten around a modern 2,400 ft² two-story townhome prototype, the project is well positioned for promising returns.
Investment Highlights
- Shovel-Ready & Fully Entitled Asset: 100% of primary pre-development milestones are complete, including a 22-sheet civil engineering set, geotechnical subsurface soil study, Phase I ESA, ADEM construction stormwater permit coverage, and preliminary subdivision layout approvals.
- Affluent Surrounding Demographics: Highly attractive local purchasing power supported by an average household income of $125,753 within a 0.3-mile radius and $121,921 within a 0.5-mile radius.
- Prime Position Near Hays Farm Corridor: Located minutes from the transformative Hays Farm development and just 0.6 miles from Grissom High School, positioned ahead of surrounding retail anchors along Memorial Parkway.
- Strategic Middle-Market Product Niche: Designed around a 2,400 ft² two-story townhome prototype with attached 1-car garages and private rear patios, filling the supply gap between smaller attached units and higher-priced detached homes.
- Favorable Site & Civil Characteristics: Certified in FEMA Flood Zone X (minimal flood hazard area) with shallow foundation support (2,500 psf soil bearing capacity) and dedicated access via a 548 LF extension of Sockwell Drive.
- Unmatched South Huntsville Connectivity: Positioned less than 0.2 miles from US 231, placing residents within 5 to 10 minutes of Redstone Arsenal (38,000+ employees), regional healthcare systems, and key employment centers.