Divisible Stockton Bay Minette Tract on I-65 and Highway 59

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30848101
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Residential (Single Family), Retail, Self Storage, Other
Status: Pending/Contingent
Gross Land Area: 4,615 Acres
Sale Price: $26,305,500
Unit Price: $5,700 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/15/2024

Overview / Comments

This versatile and divisible property is located in one of the fastest growing MSAs in the country, ideal for use as a commercial, industrial, or residential development, RV park campground, dirt pit or mine, or as a legacy land investment that’s situated in the direct path of growth. There are miles of frontage on Interstate 65 and State Highway 59 which intersect and adjoin I-65 Exit 34, access via Dogwood Drive to the north, both power and water are present, a sewer solution is available, it’s minutes from the South Alabama Mega Site and $2.5 Billion Novelis aluminum mill in Bay Minette, minutes from the Upper and Lower Delta WMAs, 30 miles from the port of Mobile, 36 miles from the airport at the Brookley Aeroplex of Mobile, and around 1 hour from Orange Beach, Gulf Shores, or Dauphin Island. Site features include gentle to flat topography, miles of scenic creek frontage, millions in merchantable pine and hardwood timber, several natural lake and duck ponds, large potential fishing lake sites, excellent deer, turkey, waterfowl, and upland bird hunting, with dozens of wildlife food plots and miles of internal roads and trails. Alternative uses include placing all or parts of the property inside a conservation easement which could potentially pay for or greatly reduce the effective cost of the property, mitigation banking, or carbon credit management and trading, potentially a combination of all. Large divisions will be considered and a development plan is available upon request. Opportunities to buy contiguous tracts of this size are rare, much less one with this much potential.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-19-08-47-0-001-001.000

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Demographic Statistics

Proximity: 5 miles
Total Population: 6,953
Median Age: 42.58
Households: 2,798

Contact

Photograph of Listing Agent

Clint Flowers, ALC

National Land Realty Gulf Coast CMLS Member
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