Multi Use Development Land on 59

Vacant Land for Sale
Catylist Listing ID: 29999573
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 1 - 15 Acres
Sale Price: $7 - 7.50 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

Potential Location for Luxury RV Park, Gas Station, Retail 14 +/- acres of Commercial Development Land with over 1500 feet of frontage. 1300 + on Hwy 59 at the North East Corner of County Road 8 and 500 + feet on County Road 8 at the Red Light. Wetland Assessment complete and preliminary site plan ready. For Sale or Lease with Possible Build to Suite. Over 40,000 CPD average daily traffic count. Perfect place for Gas Station and Mixed use Commercial and Resort Development. Can be split into separate parcels per PUD.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-61-05-21-3-001-004.003
Zoning: COMMERCIAL GENERAL BUSINESS
Property Located Between: Gulf Shores and Foley Alabama
Property Visibility: Excellent
Largest Nearby Street: State Highway 59
Feet of Frontage: 1,300
Traffic/Vehicle Count: 43,000
Highway Access: Direct Highway Access and At a Red Light
Airports: Mobile, Pensacola, Jack Edwards
Area Description: Located on the North Side of Gulf Shores just South of County Road 10, on the North East Corner of County Road 8 and Highway 59
Lot Frontage: 1500+
Lot Depth: 470+
Zoning Description: General Business, Located in County, 7% Sales Tax instead of 10%
Development Name: The Oaks @ Eight
Topography: Gently Sloping
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,131 26,945
Median Age: 38.92 39.95
Households: 4,030 11,530

Contact

Photograph of Listing Agent

Lydia Franz

Re/Max Orange Beach Gulf Coast CMLS Member
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