3.1 Acres on HWY 98 in Montrose
Vacant Land
for Sale
| Catylist Listing ID: |
30638872 |
| Property Subtypes: |
Mobile Home Park, Multi-Family, Office, Residential (Single Family), Other
|
| Gross Land Area: |
3.10 Acres
|
| Sale Price: |
$555,000 |
| Unit Price: |
$179,032 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/5/2021 |
Overview / Comments
|
This opportunity consists of 3 parcels, PINs 90285, 27175, and 5879. Site is perfectly situated between Fairhope and Daphne on HWY 98 in Montrose. Directly across the street from Sportsman's Marine and adjacent to Jenna Laine Weddings the site is perfect for a variety of uses. Unparalleled visibility and presence. The site is also mix zoned. The front +/- 1/2 is B-2 (County) while the rear +/- 1/2 is RTF-4 (County) which allows for two family residential development, including mobile homes. Being three parcels, this could be a very good rental opportunity with up to 6 rentals available on the rear.
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Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
PIN 90285, 27175, and 5879 |
| Zoning: |
B2 / RTF-4 |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
29,176 |
| Zoning Description: |
Site is partially zoned B2 (county) with the other part RTF-4 (County) |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,462 |
9,322 |
36,106 |
| Median Age: |
40.94 |
44.55 |
42.84 |
| Households: |
959 |
3,812 |
14,849 |
|
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