PRIME PROPERTY OVERLOOKING PERDIDO BAY IN LILLIAN, AL

Vacant Land for Sale
Catylist Listing ID: 30012019
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family)
Gross Land Area: 0.50 Acres
Sale Price: $225,000
Unit Price: $450,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

Prime property located directly on Perdido Bay near Lilian Bridge and next to the Lillian Marina Boat Launch. Near the former location of Miss Kitty's Restaurant!Zoned R6, but would be perfect setting for many commercial uses, including Boat Store, Dry Storage, Restaurant, etc.

Attachments & Media

Financials

Finance Data Year 2016
Assessed Value - Total($) $41,800 (Annual)
Real Estate Taxes - Annual($) $1,170 (Annual)
Lender Name N/A

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County Probate
Tax ID/APN: 208504
Zoning: R6
Property Located Between: Beside the Lillian Boat Launch on Perdido Bay
Property Visibility: Excellent
Legal Description: 35'X180' IRR FM SW COR OF LOT 11 BLK 53TOWN OF LILLIAN RUN S 35' TO POB TH CONT S 35', THE 180' TH E 180', TH SE 260'(S) 226.40' (D), TH NE'LY ALG PERDIDO BAY 100' NW'LY 245'(S) 207.9' (D) TH W 225'(S) 206' (D) TO POB SEC 26-T7S-R6E(WD)
Largest Nearby Street: County Road 99
Feet of Frontage: 35
Highway Access: 7th Street runs directly into County Road 99. Take a right on 99 to go to Highway 98. 98 East will take you over the Perdido Bay Bridge into Escambia County, FL. 99 West will take you into Elberta, Al and then into the Foley Beach Express, in Foley, AL.
Airports: Jack Edwards, Gulf Shores, AL, Pensacola International , Mobile International
Site Description: This is an irregular shaped lot with only 35' on 7th St and 121'+- on Perdido Bay that would be perfect for a multi-residential or commercial hospitality business. There is an adjoining lot that is available that would make it 242' on Perdido Bay and 70' on 7th St.
Area Description: Lillian is a beautiful little community that sits on Perdido Bay.
Lot Frontage: 35'
Lot Depth: 245'
Zoning Description: R6
In Flood Plain?: Yes
Topography: Level
Easements: Other
Easements Description: There is an easement for an adjoining lot.
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,426 9,266 19,431
Median Age: 67.7 49.4 43.07
Households: 775 4,023 7,804

Contact

Photograph of Listing Agent

William P. Lagman

Coastal Real Estate Center, LLC Gulf Coast CMLS Member
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