2.53 Acres Gulf Shores at Bridge on Corner

Vacant Land for Sale
Catylist Listing ID: 30145455
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 110,206 SF
Sale Price: $750,000 - 751,000
Unit Price: $6.81 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2019

Overview / Comments

2.53 Acres on The Corner of Waterway Blvd (Old County Road 4 West) and West 1st Ave just North of the Intercoastal Waterway on the North Side of the Bridge. Great Location for possible Restaurant, Retail, or Hospitality Related Industry. Good Soil, Adjacent to the Country Hearth Hotel in Gulf Shores. Traffic Count at Red Light is over 56,000 cars per day. Listed at $7 a square foot. 695 Feet of Road Frontage. Great Visibility from Highway 59.
See attached Zoning and allowable uses docs.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County/ Gulf Shores
Tax ID/APN: 242408
Zoning: BUSINESS COMMERCIAL
Property Located Between: Gulf Shores South and Gulf Shores North
Property Visibility: Excellent
Legal Description: 156.1 X 462.2 IRR LOT 4B OF CENTURY PARK SOUTH RE-SUB 3 SL IDE 2027-B; SLIDE 1818-B & 1975-A IN THE CITY OF GULF SHORES SEC 5-T9S-R4E
Largest Nearby Street: State Highway 59
Feet of Frontage: 695
Highway Access: Red Light at w 1st and Hwy 59
Airports: Jack Edwards/ Mobile/ Pensacola
Site Description: Level, Clay Bottom
Area Description: Booming Area, Fastest Growing County in Alabama with 14.4% Growth Rate and over 5 Million Visitors A Year
Lot Frontage: 695
Lot Depth: 265
Zoning Description: Business Commercial Fast Food,Dining, Retail, Tourism, Hospitality
Topography: Level
Easements: Utilities
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

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

Contact

Photograph of Listing Agent

Lydia Franz

Re/Max Orange Beach Gulf Coast CMLS Member
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