28.6 Acres in Opportunity Zone Hwy 31 Bay Minette

Industrial for Sale
Catylist Listing ID: 30866254
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 4,600 SF
Gross Building Area: See Agent
Gross Land Area: 28.60 Acres
Sale Price: $1,290,000
Unit Price: $280.43 PSF
Docks/Doors: 5 Doors
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 6/12/2024

Overview / Comments

Excellent commercial property with 1,200' of direct road frontage on Hwy 31. Zoned M2 and located in an Opportunity Zone adjacent to the International Paper Container Plant. North and Southbound ingress and egress is already in place. Rail transloading can be completed at the rear of the property with assistance from Railroad Resources. Minutes away from the Novelis Megasite. The property has a +/- 4,000 sf metal building with 5 roll up doors that is currently being leased on a month to month basis. Seller is willing to subdivide.

Please see our attached brochure for detailed information.

All information to be verified by buyer.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-23-05-21-1-000-038.001
Zoning: M2
Highway Access: Direct frontage on Hwy 59 in Bay Minette, AL
Airports: Pensacola International Airport, Mobile Regional
Site Description: Excellent commercial property with 1,200' of direct road frontage on Hwy 31. Zoned M2 and located in an Opportunity Zone. The property has a +/- 4,000 sf metal building with 5 roll up doors. Please see our attached brochure for detailed information. All information to be verified by buyer.
Area Description: High growth area with multiple businesses and Industrial Warehouses nearby including the Novelis Megasite.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Good
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: Metal building with 5 roll up doors.
Parking Type: Surface
Zoning Description: M2
Lot Frontage: 1,200
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,648 9,728 11,148
Median Age: 34.19 35.65 36.56
Households: 620 3,357 3,924

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