IMMEDIATE INCOME: 20 ACRES 1 MILE FROM I-65 & WIND CREEK

Vacant Land for Sale
Catylist Listing ID: 30758219
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 20 Acres
Sale Price: $360,000
Unit Price: $18,000 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/1/2024

Overview / Comments

Atmore, AL- 20+/- ACRES WITH IMMEDIATE INCOME OF $5,300 PER YEAR! The two billboards fronting Hwy 21 bring in $300/ month combined and the land is presently being farmed with a $85.00/ acre lease. With a combined 1965 feet of Highway Road and Bell Fork Road, this corner lot is an excellent investment opportunity for those looking for a property that generates steady income while also having potential for future development. These exceptional 20+/- acres can be used commercially, for an RV Park, or as residential land for homes or apartments. Located one mile from I-65 and 4.5 miles from local amenities offers easy access to major transportation arteries and a convenient commute for visitors, residents, and potential customers. Located in a Commercial growth area, this property serves as a Gateway to I-65, River Cane Development, and the Historic District of Downtown Atmore. City water sewer and city water are available. This excellent Corner Lot is a must-see to fully appreciate the many possibilities, great potential, and multiple uses for this site! Hwy 21 is a highly trafficked State Highway traveled by nearly 10,000 locals, travelers, tourists, and truckers per day in this particular section of the Hwy! The route travels almost the entire length of the state starting at the AL/FL state line of Atmore, the route then travels north through the heart of Atmore, passing under an intersection with I-65 at Exit 57, and ends in Piedmont, AL. At 279 miles (449 km) in length, it is the longest signed state route in Alabama. You'll have no trouble with visibility or access! This area is primed for growth with several successful businesses already in place in the vicinity including Windcreek Casino & Hotel and a New Starbucks. Recently, more than $90 million in capital investment projects have been brought to this growing city. About 48+/- New Businesses have joined this growing community. Atmore has welcomed Jack’s family restaurant, the Coastal Growers’ $84 Million peanut shelling plant that brought 100+ jobs, the new headquarters for West Escambia Utilities, the Atmore senior living village on McRae St and a new urgent care clinic right off I-65’s Exit 57. A new state prison was also approved for construction, bringing new job opportunities. This is the perfect location, cleared and ready to set up shop whenever you are! Check it out today! Use GPS Address: 4725 Hwy 21 to locate. Property starts across the highway from this address and goes to the corner of Hwy 21 & Bellfork Rd.

Additional Details

Nearest MSA: Atmore
County: Escambia
Taxing Authority: Escambia, AL
Tax ID/APN: 30 11 08 33 0 200 018.000
Zoning: CONTACT THE CITY OF ATMORE
Property Located Between: Hwy 21 and Bell Fork Road in Atmore, AL
Property Visibility: Excellent
Legal Description: Less and except 20 acres out of parcel 30 11 08 33 0 200 018.000
Largest Nearby Street: Hwy 21
Feet of Frontage: 1,965
Traffic/Vehicle Count: 10,042
Highway Access: Fronts Hwy 21; I-65 - 2 miles; Hwy 31 - 8 miles; I-10 - 45 miles.
Airports: Atmore Municipal Airport - 3 Miles; Mobile Regional - 63 miles; Pensacola International - 52 miles.
Site Description: High, dry, and level. Currently used for farmland, but can be utilized for various uses. Corner lot with paved road frontage on US Hwy and County Rd. Natural gas, city water/sewer, internet, telephone and electricity are available. No mineral rights. Lot Size: 1290x675.35
Area Description: As the largest City in Escambia County, Atmore's continued development keeps bringing in more growing businesses, new residences and opportunities for current citizens. Home to a wide range of industries that have grown over the years including agriculture, timber, textiles, metal fabrication, and communication companies. City leaders take a proactive approach to industrial recruitment by adding and selling buildings at the 150-acre Industrial Park, along with creating the Rivercane Development. The City of Atmore works in conjunction with the Atmore Area Chamber of Commerce, the Escambia County Industrial Development Authority, and the Coastal Gateway Regional Economic Development Alliance to attract new business and industry to the area while pursuing marketing strategies which promote the growth of our community and its existing industries. The City and Chamber are also working on beautification and hometown pride initiatives to enhance the downtown business district, as well as commercial and industrial properties.
Lot Frontage: 1290
Lot Depth: 675.35
Zoning Description: CONTACT THE CITY OF ATMORE
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,519 13,210
Median Age: 39.27 36.82
Households: 582 4,028

Contact

Photograph of Listing Agent

Patty Helton-Davis

PHD Realty, LLC. Gulf Coast CMLS Member
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