Lake Forest Multi Family Land

Vacant Land for Sale
Catylist Listing ID: 30011581
Property Subtypes: Multi-Family
Gross Land Area: 3.73 Acres
Sale Price: $349,000
Unit Price: $93,565 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2019

Overview / Comments

Great location for mutli-family development. 3.7 Acre Multi-Family parcel located in Lake Forest subdivision. Zoned R-4 with a density of approximately 10 units/acre.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 034934
Zoning: R-4
Legal Description: 886.9' X 203.7' IRR PARK CITY SUB PT BLOCK 68, 77 & 86 AND P T OF VACATED GRANT ST & LINCOLN ST ALL DESC AS FRM THE SE CO R OF LOT 6 UNIT TWO LAKE FOREST RUN SE ALG LAKE FOREST BLVD 65.1' TO THE POB, CONT TH SE 886.9', TH S 29.2', TH W 203.7' , TH NW 68.3', TH W 110.5', TH N 198', TH NW 406', TH N 138. 9', TH NE 54' TO POB IN THE CITY OF DAPHNE SEC 6-T5S-R2E (ST WD)
Largest Nearby Street: Main Street (Daphne)
Feet of Frontage: 887
Highway Access: close to I-10
Airports: Mobile/ Pensacola
Site Description: 886.9' X 203.7' IRR PARK CITY SUB PT BLOCK 68, 77 & 86 AND P T OF VACATED GRANT ST & LINCOLN ST ALL DESC AS FRM THE SE CO R OF LOT 6 UNIT TWO LAKE FOREST RUN SE ALG LAKE FOREST BLVD 65.1' TO THE POB, CONT TH SE 886.9', TH S 29.2', TH W 203.7' , TH NW 68.3', TH W 110.5', TH N 198', TH NW 406', TH N 138. 9', TH NE 54' TO POB IN THE CITY OF DAPHNE SEC 6-T5S-R2E (ST WD)
Area Description: Large Multi-family lot located in the Lake Forrest subdivision
Lot Frontage: 886.9
Lot Depth: 381 Irr
Zoning Description: R-4
Development Name: Lake Forest
Easements: Other
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,987 19,656 37,981
Median Age: 37.73 40.51 39.89
Households: 1,760 8,263 15,153

Contact

Photograph of Listing Agent

David Milstead

Bellator Commercial Gulf Coast CMLS Member
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