Development Opportunity / Fully-Entitled
Vacant Land
for Sale
| Catylist Listing ID: |
30803008 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
229,561 SF
|
| Sale Price: |
$2,600,000 |
| Unit Price: |
$11.33 PSF |
| Sale Terms: |
Cash to Seller, Build-to-Suit |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/5/2024 |
Overview / Comments
Positioned on approximately 5.27 acres on U.S. Highway 98 in Fairhope, Alabama, East Town Village is a new mixed-use development that will offer great opportunities for commercial uses in the heart of Alabama’s fastest growing county. The location is directly across from the Fairhope Recreation Center and a new senior living development under construction. With over 740’ of frontage along the primary corridor of the Eastern Shore of Baldwin County, East Town Village will offer excellent exposure and access to retailers, restaurants, and office uses. The development has also been approved for residential use, adding to the appeal of the mixed-use development.
The PUD has been approved for a total of 60,000 SF of space. Parking is programed at 1 space/300 SF. Current footprints range from 2,060 SF to 12,345 SF, however, modifications can be made to accommodate the needs of the end-user.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
05-46-03-39-0-001-009.000 |
| Zoning: |
PUD |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,230 |
20,899 |
33,469 |
| Median Age: |
49.32 |
43.86 |
43.77 |
| Households: |
1,984 |
8,667 |
13,693 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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