Gulf Shores Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30053591
Property Subtypes: Multi-Family, Residential (Single Family), Vacation/Resort
Gross Land Area: 15 Acres
Sale Price: $3,750,000
Unit Price: $250,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2017

Overview / Comments

Great development opportunity in Gulf Shores. These 4 lots offer a unique opportunity for possible development on the north side of Little Lagoon. PIN 063094 is approximately 5.56 +/- acres on Little Lagoon with approximately 790 +/- feet on the north shore of Little Lagoon. Also included is PIN 006279, 063049, and 063050. These 3 parcels are located on the North side of Ft Morgan Road slightly adjacent from the parcel on Little Lagoon. The 3 northern parcels consist of 45 high elevation acres that are connected and have approximately 246 +/- feet of road frontage, along with 9.5 acres on Oyster Bay. Great development opportunity to consider connecting these parcels into one comprehensive project.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County Alabama
Tax ID/APN: 063094
Zoning: PARCEL 063094 (ON LAGOON) IS ZONED BN, NEIGHBORHOOD BUSINESS AND USE TO BE THE SITE MANY MAY REMEMBER WITH COTTAGES. ALL OTHER L
Property Visibility: Excellent
Largest Nearby Street: Hwy 180
Feet of Frontage: 246

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,965 3,516 11,993
Median Age: 47.39 46.4 42.22
Households: 882 1,545 5,454
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