Midtown GS Lot 7

Vacant Land for Sale
Catylist Listing ID: 30043421
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 0.15 Acres
Sale Price: $425,000
Unit Price: $2,833,333 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/18/2019

Overview / Comments

Lot 7 is located at the west entrance of Midtown Gulf Shores. This .15 +/- acre lot has great exposure facing the southwest portion of the turnabout on West Commerce Avenue and The Holiday Inn Express. Lot 1 also offers great exposure to Lot 2 and Lot 3, along with the east side of The National Bank of Commerce. This lot is ideally suited for up to 11,600 square feet within a 2 story building. The character of Midtown Gulf Shores can be described as a mixed-use development that with plans to ultimately include restaurants, office, retail, and residential uses. The development also includes recreational amenities such as walkways and bike paths, and close proximity to may area services and amenities. All infrastructure including parking, sidewalks, and common areas within Midtown Gulf Shores have been completed in 2017. All lots are ready for construction.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-66-04-17-1-000-033.000
Property Located Between: West 2nd Street and West Commerce Ave
Property Visibility: Excellent
Largest Nearby Street: West Commerce
Highway Access: 2nd street leading to Fort Morgan Road and West Commerce Avenue leading to Gulf Shores Parkway and The Kaiser Building entrance.
Airports: Jack Edwards National Airport
Site Description: Each lot is ready to be built on. All necessary utilities, parking, common areas are complete.
Development Name: Midtown Gulf Shores
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,965 9,159 19,203
Median Age: 47.39 40.34 40
Households: 882 4,175 8,293
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