31 Acres on Hwy 98 in Magnolia Springs

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30335879
Property Subtypes: Agricultural, Office, Retail, Self Storage
Status: Pending/Contingent
Gross Land Area: 31 Acres
Sale Price: $435,000
Unit Price: $14,032 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2020

Overview / Comments

Wonderful large acreage property perfect for a family estate or new development just west of Magnolia Springs. The property is covered in old Live Oaks and has an old home place and a large open field that would make a great horse pastures or dove field. The old home on property has no value but could be fixed up to make a rental property or temporary place to live while building your dream home. This property has 1,943 feet on Schindler Lane and approximately 147’ of frontage on Highway 98. The Highway 98 frontage is zoned B2 and in the city limits of Magnolia Springs but the bulk of the property is un-zoned and out of the city limits. The Hwy 98 frontage could have commercial potential or would make a great location for a new entry into the property. There is also a pecan orchard and an old tree nursery orchard on the property with many different species of oaks.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 43578
Property Located Between: West of County Road 49
Property Visibility: Good
Legal Description: Metes and Bound, call for copy of deed
Largest Nearby Street: US Highway 98
Feet of Frontage: 147
Highway Access: US Highway 98 0r Schniler Lane
Airports: Mobile, Pensacola and Foley
Site Description: Level land and heavily wooded
Area Description: Light commercial, residential and farmland
Lot Frontage: 147 feet on Hey 98 and 1,943 feet on Schindler Lane
Lot Depth: 2,664
Zoning Description: B-2 and unoned
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 925 7,488 20,312
Median Age: 52.7 41.21 38.95
Households: 409 2,925 8,001


Photograph of Listing Agent

Tommy Harris

Coldwell Banker Reehl Properties, Inc
Gulf Coast CMLS Member
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