805 D'Olive Street
Vacant Land
for Sale
| Catylist Listing ID: |
30843677 |
| Property Subtypes: |
Industrial, Office, Retail-Pad, Self Storage
|
| Gross Land Area: |
0.63 Acres
|
| Sale Price: |
$329,000 |
| Unit Price: |
$522,222 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/16/2024 |
Overview / Comments
|
Great location with tons of opportunity in Bay Minette. This property is roughly 30,682 sf with excellent visibility. This is a prime location just off of the busy intersection of US Hwy 31 and D'Olive St. With commercial zoning already in place this is a great lot for a developer. The lot currently has a 1,662 sf single family residence that pays $800/month in rent.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Bay Minette |
| Tax ID/APN: |
05-23-05-16-2-001-035.000 |
| Zoning: |
B2 |
| Property Visibility: |
Excellent |
| Legal Description: |
DESCRIPTION 75'(S) 71.7'(D) X 204.8' IRR FM THE INT OF S R/W OF D'OLIVE ST & W/L OF SEC 16 RUN NE ALG S R/W OF D'OLIVE ST 225'(S) FO R THE POB, TH CONT NE 75'(S) 71.7'(D), TH SE 204.6', TH CONT SE ALG W R/W OF US HWY 31 FOR 168'(S) 188.9'(D), TH SE 183' (S) 145'(D), TH NW 385'(S) 373.9'(D), TH CONT NW 155' TO THE POB IN THE CITY OF BAY MINETTE SEC 16-T2S-R3E (QCD) |
| Largest Nearby Street: |
Highway 59 |
| Feet of Frontage: |
75 |
| Lot Frontage: |
75 |
| Lot Depth: |
556 |
| Zoning Description: |
B2 |
| Available Utilities: |
Electric, Water, Gas, Sewer |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,113 |
8,140 |
11,148 |
| Median Age: |
32.56 |
36.94 |
36.56 |
| Households: |
987 |
2,984 |
3,924 |
|
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