$2,300,000 for Alabama Valley Residential Development Opportunity. Up-and-coming area with steadily increasing property values.
Residential Development Opportunity – Valley, Alabama
Key Assumptions
Total Planned Homes: 59
Homes Already Built: 5 (4 sold)
Remaining Homes: 54
Average Home Size: 1,700 sq ft (typical for the area)
Proven Sales Price: $189 per sq ft (validated by 4 completed sales)
Average Sales Price per Home: 1,700 sq ft × $189 = $321,300
Projected Gross Revenue
Total Homes (59): 59 × $321,300 ≈ $18.95 million
This projection is supported by actual completed sales, not speculation.
Cost & Acquisition Summary
Asking Price for Entire Project: $2.3 million
Major development costs already paid
Utilities installed
Lots are ready to build on
Roads partially completed
This significantly reduces future capital requirements and risk.
Investor Upside
Accelerated construction timeline
Reduced entitlement and infrastructure risk
Ability to phase construction and sales
Strong margin potential due to low basis in land and development
Crown Homes is a near-ready residential subdivision in Valley, Alabama, consisting of 59 single-family lots, with five homes already built, four of which have been sold, validating demand and pricing.
