Catylist ID:
#30866930
| Catylist Listing ID: | 30866930 |
| Property Subtypes: | Hospitality, Retail |
| Gross Land Area: | 2.12 Acres |
| Sale Price: | $2,100,000 |
| Unit Price: | $990,566 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/12/2024 |
Overview / Comments
|
High-visibility, hard corner retail location consisting of 2.12 acres at one of the premier intersections in the high-growth Eastern Shore area of Baldwin County. New Circle-K recently developed on the northeast corner of the intersection (opened November 2023). Signalized intersection located just 3.9 miles south of I-10 via Hwy 181. CR64 serves as one of the primary east west corridors connecting the eastern shore cities of Daphne, Fairhope and Spanish Fort to central and south Baldwin communities (Gulf Shores, Orange Beach, Foley, Robertsdale, Loxley and Summerdale). Intersection is part of a strong daily commuter route with continued residential growth occurring immediately south and to the east. Offering is an assemblage of three tax parcels with PPIN's 62423, 20881, 20889. Approximately 350' front feet on Hwy 181 and 270' on CR64. Traffic Counts: State Highway 181: 23,600 VPD Daphne Road: 15,200 VPD For more information, contact Dane Haygood with H PROPERTIES at 251-463-2888. |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Taxing Authority: | Baldwin County |
| Tax ID/APN: | 05-43-06-23-0-000-017.000 |
| Zoning: | B-3 GENERAL BUSINESS (BALDWIN COUNTY) |
| Property Visibility: | Excellent |
| Legal Description: | Offering is an assemblage of three tax parcels with PPIN's 62423, 20881, 20889. |
| Largest Nearby Street: | Hwy 181 |
| Feet of Frontage: | 350 |
| Traffic/Vehicle Count: | 23,600 |
| Highway Access: | Approximately 350' along State Hwy 181 Approximately 278' along County Road 64 Easy access to I-10, US Hwy 90, US Hwy 98, Hwy 59, and CR104 |
| Airports: | Mobile (MOB) and Pensacola (PNS) |
| Site Description: | High visibility, mostly cleared level lot. Seller has assembled and removed original structures on property. |
| Lot Frontage: | 350 |
| Lot Depth: | 278 |
| Zoning Description: | Baldwin County B-3, General Business See pages 110-111 of https://baldwincountyal.gov/docs/default-source/plannin-zoning/ordinances-and-regulations/zoning-ordinance(as-amended-november-21-2023).pdf |
| Topography: | Level |
| Available Utilities: | Electric, Water, Gas, Sewer, Broadband |
| Water Service: | Municipal |
| Sewer Type: | Other |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 16,976 | 33,183 |
| Median Age: | 38.84 | 40.62 |
| Households: | 6,624 | 12,742 |
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