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Cahaba River RetreatBirmingham, AL 35210Sale Price: 0

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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,500,000List Price
  • 101Acreage
  • SoldStatus

Cahaba River Retreat

101 Acres on the Cahaba River just 15 minutes from downtown Birmingham! Exceptional home site overlooking the Cahaba, beautiful timber, great hunting, fishing, & swimming!
Prime location for development adjacent to the I-20/I-459 Corridor or suitable for protection from development through a conservation easement!
Recreation, Development, Conservation Easement or a combination of them all!

The Cahaba River property is 101 acres with 1500' on the Cahaba River and uniquely located just 15 minutes from downtown Birmingham. Situated adjacent to the intersection of 1-459 and I-20, accessibility doesn't get much better and its location makes this opportunity extremely attractive for both recreational buyers and developers. While extremely convenient and close to town, the property is very private, and gives one the feeling they are far away from it all. With 1500' on the scenic Cahaba River, this property is pure recreation that will keep the outdoor enthusiast busy year around. Deer and turkey hunt along the beautiful hardwood ridges in the fall and spring and then hit the river fishing, swimming or kayaking in the summer months. A beautiful bluff overlooks the Cahaba River that would be an ideal home site. This property has beautiful rolling topography with nearly every acre in timber which gives the property a much larger and private feel. Large surrounding landowners provides security to the property and largely contributes to its privacy. The timber is primarily open stands of natural pine and hardwood with pockets of thick cover that create great habitat for the wildlife. A nice internal road system is in place and provides access to most of the property.

While the recreational components are outstanding, the properties close proximity to Birmingham creates unique opportunities for development or the protection from development through a conservation easement. A conservation easement here could provide substantial tax benefits while protecting the land and Cahaba River from future development. Often times, a home site will be held out of the conservation easement and the balance of the land is placed into a conservation easement. This scenario would allow someone to build a home, own and use the land for recreation, and offset the cost of the land by the tax savings received from the conservation easement.Approximately 80 acres of the property is located in Irondale with the remaining 20 acres in Birmingham. All 101 acres is in an area that has been designated as an opportunity zone by the governor's office and offers tax benefits to those investing in these areas.

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Listed by Tim James, Jr. of Jon Kohler & Associates,LLC

Listing Sold by Jon Kohler & Associates,LLC

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