Land for Sale at County Road 32 and Highway 181

Vacant Land for Sale
Catylist Listing ID: 30520809
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.54 Acres
Sale Price: $399,000
Unit Price: $259,090 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/4/2020

Overview / Comments

On the corner of Highway 181 and County Road 32 sits 2 parcels of land for sale with $100,000 of improvements that have been completed by current owner including water, power, asphalt, and gravel. This lot is vacant and has no structure on it so it's ready for you to build your business in this high traffic area of Baldwin County. Owner financing available is available with 10% down at 6% interest on a 20 year note. There is an ice machine on property that's for sale separately for an additional $50,000. Income from ice machine ranges from $1500-$4000 per month (according to time of year). NOTE: 5 Year restriction; No gas station can be built on this property for five (5) years. PPIN: 038761: 210' X 150' SEC 3 T7S R2E BEG NE COR S 250' W 190' N 250' E 190' TO PT BEG... (VLD). PPIN 044575: 170X210 SEC 3-7-2 FR NE COR SEC 3 W190' POB S250' W170'....LESS 40' STRIP ALG N SIDE FOR PUBLIC RD (VLD)

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-56-02-03-0-000-002.000
Property Located Between: Highway 181 and County Road 32
Property Visibility: Excellent
Legal Description: Parcel 1 PPIN: 038761 is 210' X 150' SEC 3 T7S R2E BEG NE COR S 250' W 190' N 250' E 190' TO PT BEG... (VLD) Parcel 2 PPIN: 044575 is 170X210 SEC 3-7-2 FR NE COR SE C 3 W190' POB S250' W170'...LESS 40' STRIP ALG N SIDE FOR PUBLIC RD (VLD)
Largest Nearby Street: State Highway 181 and County Road 32
Airports: pensacola , mobile, biloxi
Site Description: Flat Corner lot
Area Description: Great intersection with one gas station and school just 1/4 mile away. Major 4 lane being constructed being built after 2020.
Lot Frontage: Corner Lot - 320 feet on County road 32 and 210 feet on State Highway 181
Lot Depth: 320 x 210
Zoning Description: Commercial
Topography: Level
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: 2,112 12,971 32,073
Median Age: 40.92 42.53 44.13
Households: 797 5,256 13,359


Photograph of Listing Agent

Henry A Wise

Wise Living Real Estate, LLC Gulf Coast CMLS Member
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