FOLEY PRIME LOCATION NEAR PUBLIX, OWA, & TANGER MALL

Vacant Land for Sale
Catylist Listing ID: 29999224
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 8.50 Acres
Sale Price: $985,000
Unit Price: $115,882 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2024

Overview / Comments

Prime corner parcel location for a multi family, retail, or office development. Located on Pine Street at corner of Pine St and Park Ave 1/4 mile from Walmart, Tanger Outlet Mall, OWA Entertainment Complex across street from new Publix new 250 apartment complex under construction and many other major retailers. Property can be sold all or part, subject to subdivision approval. Owner is a Licensed Retail Estate Broker in the State of Alabama. ZONED COMMERCIAL, POSSIBLE REZONING FOR MULTI-FAMILY.
$2.65 PSF
SMALL AMOUT OF WETLAND HAS BEEN MITIGATED, FILLED AND READY FOR DEVELOPMENT.

NOTE: PROPERTY COULD BE SUBDIVIDED INTO SMALLER LOTS, WILL SELL ALL OR PART.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin Countyt
Tax ID/APN: 238339
Zoning: COMMERCIAL
Property Located Between: CR 20 AND PARK AVENUE
Property Visibility: Excellent
Largest Nearby Street: Hwy 59 Cr 20
Feet of Frontage: 1,100
Highway Access: 1/4 mile from Hwy 59 and Cr 20
Site Description: Prime corner parcel located at corner of Pine St and Park Ave. Zoned for Commercial use could be multi family, retail, self storage or office, nice level lot
Area Description: Located in a heavy upper moderate residential area, convenient to major retail, restaurants and professional offices. Publix is across street.
Lot Frontage: 1100 (+/-) feet total on Pine St and park Ave.
Lot Depth: 475 (+/-)
Zoning Description: Pud- Zoned Commercial
Part of Planned Development?: Yes
Development Name: Evans Park
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,240 11,508 27,301
Median Age: 34.25 38.31 40.22
Households: 1,732 4,697 11,064

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