Prime B2 District 9.75 Acres Spanish Fort , Al

Vacant Land for Sale
Catylist Listing ID: 30450483
Property Subtypes: Office, Retail, Other
Gross Land Area: 9 - 10 Acres
Sale Price: $899,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2020

Overview / Comments

This large parcel of land is located in the heart of Spanish Fort along Hwy 31 B2 District. Actual Survey shows 9.75 acres. Approximately 370 feet of frontage along Hwy 31 for high visibility. Excellent traffic counts. This developing area is one block from the Spanish Fort Community Center. Recent construction around this property is the new SF Water Board office, and the New RE/MAX Real Estate office. This property stretches 1149 feet down Driftwood Lane ( Residential ) that opens the possibilities of B2 for the front several acres, and Residential New Home Builder lots for the back acres. Certainly some mixed use opportunities. Some clearing has already been done. Easy to walk, relatively level, with beautiful Oaks fronting Hwy 31. This is an ideal retail, or professional use site. Prices along Hwy 31 in SF are rapidly climbing, opening the opportunity of investment. Lowest price per sq. ft. currently on Hwy 31 in Spanish Fort.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-32-09-29-1-002-014.000
Zoning: R-3
Property Located Between: Hwy 98 and Hwy 181
Property Visibility: Excellent
Legal Description: 32-09-29-1-002-014.000 tax pin 38536
Largest Nearby Street: Hwy 31
Airports: Mobile Alabama, Pensacola, Fl.
Lot Frontage: 370
Lot Depth: 1149
Zoning Description: Currently R3. This resides in the B2 district. This will fall under B2 upon submission of site plans to the SF planning and zoning dept. Upon approval.
Topography: Gently Sloping
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Other
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,795 26,400
Median Age: 40.03 39.01
Households: 5,125 10,897
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