11 +/- AC Foley AL with Stocked Lakes

Vacant Land for Sale
Catylist Listing ID: 30877147
Property Subtypes: Multi-Family, Other
Gross Land Area: 11 Acres
Sale Price: $595,000
Unit Price: $54,090 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2024

Overview / Comments

11 +/- AC with 700' on Pastoral Lane with 3-board fencing and double gates with lights. There are 2 stocked lakes with large bass in one and large catfish in the other. There is a gazebo building with power and AC and a storage building. There are underground power and sewer to the property with a new well. It is zoned B-2 or you can build residential homes according to City of Foley Codes. There is a Recorded Road Maintenance Agreement among the property owners that governs the maintenance of the road based upon their prorate share of their road frontage. Also, there is a 45' Newmar Essex Motor Coach in like new condition that is connected to the power, sewer and water and can be purchased for an additional $200,000.00. Buyer to verify all information during due diligence.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin
Tax ID/APN: 05-54-01-11-0-000-001.030
Zoning: B-2
Property Located Between: Co Rd 32 and Foley Beach Express
Property Visibility: Excellent
Legal Description: PPIN 625857 11 AC(C) COM AT THE SE COR SEC 11 RUN N 1329.2', TH W 1392.8 ', TH N 335', TH W 1272.5', TH N 125', TH W 776.5' FOR THE P OB TH CONT W 400', TH N 295.7', TH W 300', TH N 500', TH E 7 00', TH S 797.1' TO THE POB IN THE CITY OF FOLEY SEC 11-T7S- R4E (WD)
Largest Nearby Street: Foley Beach Express
Feet of Frontage: 700
Highway Access: Foley Beach Express
Airports: Jack Edwards, Pensacola and Mobile Regional
Site Description: Gently sloping with 2 stocked lakes and trees.
Area Description: Located just minutes from the Baldwin Beach Express & I-10 and the Gulf Coast Beaches.
Zoning Description: B-2
Topography: Gently Sloping
Easements: Utilities
Soil Type: Loam
Available Utilities: Electric, Water, Sewer
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,342 18,070
Median Age: 47.64 39.18
Households: 1,852 7,299

Contact

Photograph of Listing Agent

Kenneth Montgomery

Charter Landing, Inc. Gulf Coast CMLS Member
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