Agriculture Production Ground with Revenue Potential
Vacant Land
for Sale
Catylist Listing ID: |
30839568 |
Property Subtypes: |
Agricultural, Residential (Single Family), Other
|
Gross Land Area: |
66 Acres
|
Sale Price: |
$561,000 |
Unit Price: |
$8,500 Per Acre |
In Opportunity Zone? |
Yes |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/18/2023 |
Overview / Comments
Looking for investment property with multi-use potentials, the Peter Morris Road Tract offers agriculture production ground, currently in row crop. There is approximately 31 acres of agriculture ground with an additional estimated 35 acres of clear-cut. The clear-cut could be placed back into timber production with proper reforestation practices or have the option of converting to agricultural ground. This property has future development potential within this fast growing part of the county and minimum restrictions. There is the possibility for a residential home or lease return from farming and hunting leases. Give agent Todd Edwards with Whitetail Properties Real Estate a call today to learn more about this property or to schedule a tour.
|
Additional Details
Nearest MSA: |
Daphne-Fairhope-Foley |
County: |
Baldwin |
Taxing Authority: |
Baldwin County, AL |
Tax ID/APN: |
05-40-02-04-0-000-003.000 |
Zoning: |
RURAL AGRICULTURE |
Property Located Between: |
County Road 64 North and County Road 87 North off Linholm Road, North on Peter Morris |
Property Visibility: |
Good |
Legal Description: |
66 AC(C) BEG AT THE NW COR OF SEC 4,TH RUN E 2394'(S), TH S W 1320' TH W 1848'(S), TH N 414'(S), TH NW 418'(S), TH N 882'(S) TO POB SEC 4-T5S-R5E (SCRIV AFF) (EXEC/STWD/SURVIVORSHIP) |
Largest Nearby Street: |
Peter Morris Road |
Feet of Frontage: |
1,320 |
Airports: |
Pensacola and Mobile Airports |
Site Description: |
Rural area of Baldwin County. Nice farming and rural part of the county with convenient access to I-10 at the Wilcox Exit. |
Area Description: |
Wooded Timberlands, Pastures and other Row Crop Farming Properties. |
Zoning Description: |
Zoned Rural Agriculture |
Topography: |
Gently Sloping |
Easements: |
Other |
Easements Description: |
Peter Morris road runs along the east border. |
Demographic Statistics
Proximity: |
5 miles |
Total Population: |
3,410 |
Median Age: |
42.06 |
Households: |
1,279 |
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|