22 +/- Prime Waterfront Acreage on Mobile Bay~Gulf Shores near Hwy 59

Vacant Land for Sale
Catylist Listing ID: 30557259
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort
Gross Land Area: 4.60 - 22 Acres
Sale Price: $400,000 - 1,200,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/12/2020

Overview / Comments

Collection of three connected parcels available adjacent to luxury Peninsula Golf & Racquet Club. Ideal location on Fort Morgan Peninsula close to Highway 59. Great value for developer, investor or homeowner seeking premium acreage with 261' +/- waterfront property on the Bon Secour Bay area of Mobile Bay. The best priced property in the 10-25 acre class in Fort Morgan area with direct water frontage at the time of listing. The most western parcel on Ft Morgan Rd/Hwy 180 still in Gulf Shores jurisdiction. Excellent potential for Multi-Family or Commercial usage. Joint Venture, Owner Financing and Phased Buy-Out options available. Viable opportunity for marina on bayfront parcel. Check documents for survey. Sellers will consider a joint venture, owner financing and phased buy-out options.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 67-05-05-0-007-002.000
Zoning: R-1-2
Property Located Between: Highway 59 & Bon Secour National Wildlife Refuge on Ft Morgan Rd/Hwy 180
Property Visibility: Good
Legal Description: Ft Morgan Frontage PPIN # 56379: 10 Ac(C) Lot 1 Cook's Estate Pb3 Pg88 Sec 20-T9s-R3e (Qcd) // Middle Parcel PPIN # 20729: 7.8 Ac(C) Blk 2 Lot 2 Childress Lands Pb300 Pg379 (Qcd) // Bayfront Parcel PPIN # 7337: 261' X 650'(S) Irr Lot 2 Blk 3 Childress Lands Pb5 Pg136 Gr Sec 5-T9s-R3e (Qcd)
Largest Nearby Street: Fort Morgan Rd/Highwy 180 ~ Alabama Coastal Connection
Traffic/Vehicle Count: 15,000
Highway Access: Highway 59, the main artery to Gulf Shores, is approximately 6 miles to east Highway 98 is approximately 15 miles northeast Interstate 10 is approximately 34 miles northeast
Rail Access: Yes
Airports: Jack Edwards National Airport, Mobile Regional Airport, Pensacola International Airport
Site Description: Bayfront assemblage located on Bon Secour area of Mobile Bay. Mature live oaks throughout property. Comparable adjacent land has been successfully developed into a PUD with residential lots and a 27 hole golf course.
Area Description: With the announcement of several large developments, Alabama’s Gulf Coast has been brought forth to the national stage. It is in this environment that Baldwin County, with Mobile to the west and Pensacola to the east, finds itself prepared to play an increasing role in regional growth. • Baldwin County is the fastest growing county in the state of Alabama • 51% county population growth since 2000 (source: U.S. Census Bureau) • Largest projected population growth among all Alabama MSAs and counties • Site Selection Group projects Baldwin County to be one of the fastest growing MSAs in the U.S. over the next 5 years • 9 major highways and interstates • Interstate 65 connects Mobile, Alabama to Chicago, Illinois • Interstate 10 connects Jacksonville, FL to Los Angeles, California • Within 30-minute drive of Mobile Regional Airport and Pensacola International • Casino shuttles to Biloxi • Over 2,000 new homes built each year (source: ACRE) • Since 2010, over 93% of Baldwin County's population growth is a result of Inter national and Domestic Migration (source: PARCA) Mobile and Baldwin County are home to a convergence of several factors: a strong transportation infrastructure, a growing population, quality educational institutions and a location providing superior quality of life. With interstates, rail, airports, in-land waterways and deep water ports, all possible modes of transportation are represented. Furthermore, with a regional population of 940,140 consisting of 414,000 in Mobile County, 212,628 in Baldwin County and 313,512 in Escambia County, Florida (location of Pensacola), a large pool of population exists within easy reach. Couple these assets with the scenic beauty of Alabama’s beaches and the recreation industry, great potential exists for the future growth and development of Alabama’s Gulf Coast.
Lot Frontage: 378'
Lot Depth: 3200'
Zoning Description: Currently zoned for up to 2 units per acre. Huge potential for Multi-Family/PUD for up to 77 lots on the 22 acres or 3.5/acre. Commercial use also possible.
In Flood Plain?: Yes
Topography: Level
Easements: Ingress/Egress, Utilities
Easements Description: Prescriptive easement for utility road on Old Fort Morgan Trail in between middle parcel and bayfront parcel. State easement for access from Ft Morgan Road to front parcel.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,834 7,566
Median Age: 48.28 43.82
Households: 1,279 3,434

Contact

Photograph of Listing Agent

Candace Pfab

World Impact Real Estate
Gulf Coast CMLS Member
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