NEAR OWA AND TANGER OUTLET MALL... GREAT MULTI FAMILY SITE IN FOLEY

Vacant Land for Sale
Catylist Listing ID: 29999224
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 7.50 Acres
Sale Price: $385,000
Unit Price: $51,333 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2017

Overview / Comments

Prime corner parcel location for a multi family, retail, or office development. Located on Pine Street at corner of Pine St and Park Ave 1/4 mile from Walmart Tanger Outlet Mall, OWA Entertainment Complex and many other major retailers. Property can be sold all or part, subject to subdivision approval. Owner is a Licensed Retail Estate Broker in the State of Alabama. ZONED R-3 MULTIFAMILY

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 238339
Property Located Between: CR 20 AND PARK AVENUE
Property Visibility: Excellent
Largest Nearby Street: Hwy 59 Cr 20
Feet of Frontage: 1,100
Highway Access: 1/4 mile from Hwy 59 and Cr 20
Site Description: Prime corner parcel located at corner of Pine St and Park Ave. Zoned for Multifamily could be retail or office, nice level lot
Area Description: Located in a heavy moderate to upper moderate residential area, convenient to major retail, restaurants and professional offices.
Lot Frontage: 1100 (+/-) feet total on Pine St and park Ave.
Lot Depth: 475 (+/-)
Zoning Description: R-3 Pud
Part of Planned Development?: Yes
Development Name: Evans Park
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,240 11,508 27,301
Median Age: 34.25 38.31 40.22
Households: 1,732 4,697 11,064

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