Prime 5 acre Commercial corner in Spanish Fort

Vacant Land for Sale
Catylist Listing ID: 30039975
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 5.40 Acres
Sale Price: $1,200,000
Unit Price: $222,222 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/12/2018

Overview / Comments

5.4 Acre prime Commercial Corner site in Spanish Fort with over 600 ft of frontage on US Highway 31 (Spanish Fort Blvd) and more than 350 ft along Stagecoach Road. There is an existing traffic light at the intersection and will be one of the few areas you can make a left turn onto Highway 31/Spanish Fort blvd once the road widening (4 lane) project is complete. The site is cleared and is mostly level. The site is serviced by the Spanish Fort Water System and the Baldwin County Sewer System. Located across Stagecoach Road from Dollar General store and across Highway 31 from Timbercreek Subdivision. Booming commercial area with heavy residential growth in all directions. Property is currently zoned Baldwin County B-3 (general business district) Excellent potential development site. Seller will not divide.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 120201
Zoning: BALDWIN COUNTY B-3
Property Located Between: Located between Highway 181 and Highway 98
Property Visibility: Excellent
Largest Nearby Street: Stagecoach Road- Highway 181
Feet of Frontage: 950
Highway Access: Less than 1 mile from Interstate I10
Site Description: located less than 1 mile from Interstate I10. Flat cleared parcel. Located in the County, not City Limits. Unless subdivided, there will be no City planning approval required. Baldwin County. Fantastic Retail site. Multi-tenant site, Possible apartment, Townhome, condo site. Located in a county pocket within the City Limits of Spanish Fort.
Area Description: 1 block from the Eastern Shore shopping center with many Restaurants, retail stores, strip centers,and Timber Creek Golf community. .5 miles from Spanish Fort High School and athletics facility. Spanish Fort is a booming City with huge projected growth.
Lot Frontage: 950
Lot Depth: 600
Zoning Description: County Zoning. This parcel is not currently located in the City of Spanish Fort. Spanish Fort planning would be involved with subdividing only. If not subdividing approvals would come from Baldwin County.
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,458 19,539 22,621
Median Age: 43.34 38.16 38.27
Households: 912 7,759 9,063

Contact

Photograph of Listing Agent

Bill Menas

Menas Real Estate Gulf Coast CMLS Member
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