Developer, Investor Opportunity Zoned R-3DP

Vacant Land for Sale
Catylist Listing ID: 30127084
Property Subtypes: Residential (Single Family)
Gross Land Area: 2.41 Acres
Sale Price: $174,900
Unit Price: $72,572 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

DEVELOPER, INVESTOR OPPORTUNITY: This property zoning is R-3. This property consists of 2.41 acres of beautiful land with a couple very nice Live Oaks. There is an old house on the property that needs to be demolished. The house including garage is approximately 75 x 28 feet and has a screened front porch. The property is approximately 340 wide across the back side and approximately 300 feet deep on the east side. It appears to offer a great opportunity for development of a nice subdivision. The property is in a very convenient location in Daphne and offers quick access to I-10. The water service for this property is Park City Water. The structure on the property conveys at no value. All dimensions are to be confirmed by buyer to their own satisfaction.

Zoning R-3, High Density Single-Family Residential District: This district is provided to afford the opportunity for moderately higher density of single-family residences on smaller lots than those allowed in the R-1, low density single-family residential, and R-2, medium density family residential, districts.

View the attached Pinehill Rd Parcel Viewer to see the shape and dimensions of the land.

The Water Service for this property is City Park Water.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: City of Daphne, Baldwin County, Al
Tax ID/APN: 05-43-03-71-0-006-002.000
Zoning: R-3
Property Located Between: 7275 Pinehill Rd is midway between N Main St and Park Dr in Daphne, AL.
Property Visibility: Excellent
Legal Description: 70'(S) 89.9'(D) X 263.9' IRR LOT 1 KENNEDY'S CORNER SLIDE 18  91-B IN THE CITY OF DAPHNE GR  SEC 7-T5S-R2E (SP WD)
Largest Nearby Street: U S Hwy 98
Feet of Frontage: 89
Highway Access: From I-10 at Exit #35 travel south on U S Hwy 98 for approx. 2 miles and turn left onto N Main St at the red light by the Publix Shopping Center. Turn to the right (North) on N Main St the first street to the right is Pinehill Dr. Go approx. 1 mile up the hill and the property is on the left just as Pinehill begins to curve to the right. Signs are on the property.
Airports: Mobile Regional Airport, Pensacola Regional Airport
Site Description: This is a very pretty setting with several large Live Oaks and other trees. The property sits near the hill top and slopes slightly from right to left.
Area Description: Pinehill Dr is in Daphne, AL, the largest city in Baldwin County with a population of approx. 25 thousand residents. Baldwin County with a population of approx. 206 thousand residents is the fastest growing county in the State of Alabama. Daphne along with Fairhope and Spanish Fort make up the area referred to as the Eastern Shore; being along the East side of Mobile Bay. The property is a short, nearly all interstate, drive across the Bay Way (I-10) to Mobile, AL, a city with a population of approx. 200 thousand residents. Daphne has excellent schools and offers a tremendous family friendly environment for family life. There are abundant shopping and restaurants in all directions. Simply put Daphne, The Eastern Shore and Baldwin County are a great place to live.
Lot Frontage: 89 feet
Lot Depth: More than 300 feet
Zoning Description: Zoning R-3, High Density Single-Family Residential District: This district is provided to afford the opportunity for moderately higher density of single-family residences on smaller lots than those allowed in the R-1, low density single-family residential, and R-2, medium density family residential, districts.
Topography: Gently Sloping
Easements Description: I am not aware of any easements at this time.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Other
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,987 15,899 37,981
Median Age: 37.73 41.8 39.89
Households: 1,760 6,450 15,153
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