Saturday – December 16th, 2023 – 10:00 A.M.

140 +/- Acres – Pickwick Lake

Investment Opportunity

Pickwick St., Sheffield, AL

SALE SITE: The Village School, 207 Chickamauga St, Sheffield, AL

Directions to Property:  From the intersection of Woodward Av. and 2nd St. in Muscle Shoals, go West on 2nd St. for 2 miles through Sheffield and continue onto 1st St.  Turn left on Georgia Av. and go to W. 20th Av.  Turn left on W. 20th Av. then Fontana St. for 1 mile.  Turn left on Pickwick St. and go 1.5 miles to property on right. 

Directions to Sale Site:  From the intersection of Woodward Av. and 2nd St. in Muscle Shoals, go West on 2nd St. for 2 miles through Sheffield and continue onto 1st St.  Turn left on Georgia Av. and go to W. 20th Av.  Turn left on W. 20th Av. then Fontana St. for 1 mile.  Turn left on Pickwick St. and go 2 blocks.  Turn right on Norris Circle then left on Chickamauga St. to school building. 

Real Estate: This 140+/- acre tract of undeveloped land lies between Pickwick Lake and Spring Creek inside the Sheffield city limits.  The property fronts 3,152+/- ft along Pickwick Lake and 6,518+/- ft along Spring Creek.  The property also fronts 1,101+/- ft on Pickwick St. and adjoins Rivermont Subdivision.  The property lies 1.5 miles north of Highway 72 and is zoned RMXD-Resort Mixed Use Development.  The property consists of mature hardwood timber with an abundance of wildlife and offers scenic views of the Tennessee River and Spring Creek.  Public water, natural gas, and power are located in the right of way of Pickwick Street.  There is sanitary sewer located on the north end of the property along Spring Creek and along the southeastern boundary of the property.  A small portion of the property lies inside FEMA Flood Zone AE and X.  A recent timber cruise has been performed on the property and is available, contact agent’s office.  This property offers an excellent opportunity for investment in waterfront property in the Shoals area. The property will be offered in one tract consisting of 140+/- acres as a final sale.

Real Estate shown by appointment. Contact Agent’s Office.

Please visit our website at www.kingrealtyandauction.com for additional information.

Seller: Associated Developers, Inc.

Terms: 10% down payment on day of sale. Balance due upon delivery of deed within 30 days from day of sale. Possession upon delivery of deed. Seller will furnish survey, deed and owner’s title insurance. Seller reserves the right to accept or reject any and all bids. Real Estate will be sold “AS-IS” without warranties of any kind.  

All information contained herein is believed to be correct, but not guaranteed. Announcements made by Auction Company the day of sale supersede any printed material.

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