Catylist ID:
#30182657
FOLEY BEACH EXPRESSWAY ACREAGE CLOSE TO THE WHARF
Vacant Land
for Sale
| Catylist Listing ID: | 30182657 |
| Property Subtypes: | Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other |
| Gross Land Area: | 15 Acres |
| Sale Price: | $1,600,000 |
| Unit Price: | $106,666 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage, Owner Financing, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/26/2024 |
Overview / Comments
|
NEW BRIDGE IS NOW UNDER CONSTRUCTION across the Intracoastal waterway just east of the Expressway as an alternative route to Gulf Shores. Please copy and paste the following web address for more info.... https://www.obawebsite.com/bridge-project-to-be-part-of-expanded-state-route-161-craft-says Also, new County boat ramps & park now completed on the waterway at the toll bridge. A new sewer line is being run on the east side of the Expressway across from this parcel, which was under contract for $5,00,000 BEFORE the start of the "Great Recession" and was going to be a development of Mixed use (high density residential and commercial). MORE INFO: Over 1200 ft frontage on the Expressway and there's a 30' ROW road that runs east-west along the north of the property that runs from Roscoe Rd east to almost Long Bayou and crosses the Expressway! That's why there's a median cut in the Expressway there. It's less than 1 mile north from the toll bridge. The same owner (me) also owns about 111 acres on the east side of the Expressway all the way to Long Bayou that was going to be an upscale residential nature preserve development. IMPORTANT...... Please see video links for info about the new Gulf Shores Bridge across the Intracoastal waterway using Roscoe Rd to access the Expressway. If you combine this property with the neighbor's piece, then It borders both the Expressway and the new bridge route! Bridge construction has now been contracted with the route open in 2026 according to the article. This makes a "town center" on that part of the Expressway very possible now! South Baldwin County resembles Myrtle Beach and Orlando in their younger days and many plans are being laid and developments are begining to be built in this area that is rapidly growing. From the snow white beaches of Orange Beach to "OWA", the new Theme Park / Resort just a few short miles to the north in Foley and all of it connected by the "Baldwin-Beach" Expressway from Interstate 10 and soon to proceed north to connect with Interstate 65 coming from points north as far as Chicago and I-85 to Atlanta. Information is believed correct but not guaranteed and some measurements may be approximated. Prospective buyers should do their due diligence to confirm data. |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Taxing Authority: | Baldwin County |
| Tax ID/APN: | 61-07-35-0-000-001.000 & portion of 05-61-07-35-0-000-001.001 |
| Zoning: | CONTACT LISTING AGENT FOR MORE INFO. |
| Property Located Between: | Roscoe Rd and the Intracoastal waterway on the Expressway |
| Property Visibility: | Excellent |
| Legal Description: | On file - contact Listing Agent for more info. |
| Largest Nearby Street: | Foley-Beach Expressway |
| Feet of Frontage: | 1,267 |
| Highway Access: | Median cut in Expressway about 1 mile north of toll bridge, or from Roscoe Rd on 30' ROW |
| Airports: | Jack Edwards & Pensacola International |
| Site Description: | A mixture of uplands to the north and wetlands to the south on a parcel less than a mile north of The Wharf and just a few miles south of the new Theme Park "OWA". The southern portion of the "Baldwin Beach Expressway" is developing rapidly with numerous projects and developments underway. Water, sewer and power in abundance is available. The parcel just to the south that is called "Bama Bayou" will be back under construction soon after a lengthly hitatus. |
| Area Description: | An area of about 500 acres that includes this property is under a master plan of a local developer which runs from the Intercoastal Waterway about 1 mile to the north and on both sides of the Expressway from Roscoe Rd to Long Bayou. Contact the Listing agent for information and investment opportunities. |
| Lot Frontage: | 1267' on the Expressway |
| Lot Depth: | 545' |
| Zoning Description: | Orange Beach will discuss this. Ag now but they want development and it's in the County now. Orange Beach want's to annex it. Contact Listing Agent for more information. |
| Topography: | Gently Sloping |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 9,350 | 22,422 |
| Median Age: | 38.4 | 40.19 |
| Households: | 4,002 | 9,681 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions. |
