Catylist Listing ID: 30049692
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 2 - 3 Acres
Sale Price: $1,100,000
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/10/2018

Overview / Comments

This Property has not been subdivided. The subject Commercial Property consists of the front portion of PPIN #112550 with 390' frontage on County Rd 20 with a 20'easement to the parcel that sits behind the Hampton Inn. Additional property fronting Hwy 59 and in front of the Hampton Inn is available. Please call Broker for more information.

Attachments & Media

Financials

Finance Data Year 2016
Lender Name N/A
Amortization Period N/A

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County Probate
Tax ID/APN: 112550,
Zoning: GENERAL BUSINESS
Property Located Between: Cracker Barrel Restaurant
Property Visibility: Excellent
Legal Description: 399'(S)X250' IRR LOT 1A STOCKWELL SUB SLIDE 2239-B A RESUB OF THE WESTERN PORTION OF LOT 1 MULLIS SUBDIVISION SLIDE 1699-A LESS AND EXCEPT PT FOR R/W OUT OF NW COR-IN#1467719 SEC 8-T8S-R4E PG 381
Largest Nearby Street: HWY 59 (MCKENZIE ST) / COUNTY RD 20
Highway Access: The Property is on the West side of Hwy 59 (McKenzie St) behind the Equipment Rental Store. Hampton Inn sits to the West.
Airports: Jack Edwards, Gulf Shores, AL, Pensacola International , Mobile International
Site Description: This 250x399' lot is situated near the busiest intersection in Foley, AL The Property is blocks from Tanger Outlet Mall, Motels and Restaurants, as well as Home Depot and Lowe's.
Area Description: The Foley area is known as the Forward City and is the fastest developing city in South Alabama. Most all Retailers/Wholesalers are either presently located there, or planning relocation. Within close proximity to the Gulf of Mexicao, Gulf Shores and Orange Beach, AL.
Lot Frontage: 399'
Lot Depth: 400'
Zoning Description: General Business
Topography: Level
Easements: Utilities
Easements Description: Utility Easements as required for subdivision.10'+-.
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,584 30,084
Median Age: 39.8 40.6
Households: 6,252 12,222

Contact

Photograph of Listing Agent

William P. Lagman

Coastal Real Estate Center, LLC Gulf Coast CMLS Member
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