Lot 1: Perfect location for Fast Food Restaurant in Wahoo Plaza

Vacant Land for Sale
Catylist Listing ID: 30561338
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 43,000 SF
Sale Price: $12 PSF
Total Price: $516,000
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2020

Overview / Comments

Lot 1 along the 4-lane Foley Beach Express (FBE) in Wahoo Plaza is sitting in the perfect location for a Fast Food restaurant in this newly established commercial development; Lot 1 is approx. 43,000 +/- sq.ft. Due to constant growth within Baldwin County, and especially around County Road 8; this area is a prime location to build an eatery that will attract business as the property is located between the northbound and southbound lanes of the FBE; easy access for local neighborhoods and visitors to the Gulf Coast area. Access to property is by an established service road that loops around lot and additional lots are available:
All 4 Commercial Lots Listing# 30555108
Lot #2 $448,040 Listing# 30557788
Lot #3 $444,780 Listing# 30561384
Lot #4 $440,400 Listing# 30561407

These lots are adjacent to an established gas station and there has been plans for a proposed High School along the southbound lane.
NOTE: Lot 1 sq. ft. is not confirmed at 43,000 so sale price may differ; once actual information is received we will update the listing accordingly.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-61-08-27-0-000-001.009
Zoning: ZONED AS GENERAL BUSINESS
Property Located Between: Northbound and Southbound lanes of Foley Beach Expressway in Orange Beach
Property Visibility: Excellent
Largest Nearby Street: Foley Beach Expressway
Feet of Frontage: 300
Highway Access: This location is approx. 36 miles south of I-10.
Airports: Mobile, AL and Pensacola, FL
Site Description: Wahoo Plaza in Orange Beach, Alabama
Area Description: This commercial business area is located in-between the northbound and southbound lanes of Foley Beach Express.
Lot Frontage: 300
Zoning Description: This property is zoned B3 General Business
Part of Planned Development?: Yes
Development Name: Wahoo Plaza
Topography: Level
Easements: Utilities
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,602 8,111 27,346
Median Age: 39.71 39.12 39.74
Households: 1,514 3,464 11,646

Contact

Photograph of Listing Agent

Henry A Wise

Wise Living Real Estate, LLC Gulf Coast CMLS Member
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