Old Fort Morgan Trail W Investment and Waterfront Property
Farm/Ranch
for Sale
| Catylist Listing ID: |
30642505 |
| Gross Land Area: |
22 Acres
|
| Sale Price: |
$475,000 |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/18/2021 |
Overview / Comments
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Located on Old Fort Morgan Trl W, this 22-acre +/- waterfront property is a great opportunity to own land in the highly desired Fort Morgan area of Gulf Shores, AL. The property offers roughly 285 +/- feet of water frontage on Bon Secour Bay and 380 +/- ft of road frontage on Fort Morgan Road. Great location that is well suited for Grande Estate, Multi-Family, and commercial opportunities. Mobile Bay is out your back door, which is well known for its fantastic speckled trout, redfish, and tripletail fishing. On the tract you will find a mixture of large pine and hardwood timber that will beautifully accent any custom home or commercial establishment that is built. With Gulf Shores growing rapidly, this is a great investment opportunity. Acreage of this size is hard to come by in this area. World-class golf courses, fishing, and entertainment are at your disposal. This is your chance to live in one of the most beautiful places in Alabama. This property also contains parcel numbers: 05-67-05-05-0-007-002.000/PPIN:007337 and 05-67-04-20-1-001-037.000/PPIN:056379.
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Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
05-67-04-20-1-001-002.000 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,834 |
7,566 |
| Median Age: |
48.28 |
43.82 |
| Households: |
1,279 |
3,434 |
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