Catylist ID:
#30647684
| Catylist Listing ID: | 30647684 |
| Property Subtypes: | Multi-Family, Residential (Single Family) |
| Gross Land Area: | 5.70 Acres |
| Sale Price: | $1,295,000 |
| Unit Price: | $227,192 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/22/2023 |
Overview / Comments
|
• Property Size: 5.2± AC • Zoned: R-4 High Density Residential • Utilities: Power, Gas, Water / Sewer • Overlooking Mobile Bay • Density of 14 units per acre (80 units) • Less than one mile south of I-10 • Proximate to shopping, dining, entertainment, public boat launch and residential neighborhoods • Existing pier pylons into Mobile Bay • Easy access to I-10, HWY 98, downtown Mobile, Daphne, Fairhope and Gulf Shores • Preliminary site work complete, inquire to agent • Short drive to downtown Mobile, Daphne, Fairhope and Gulf beaches https://stellarpropertiesllc.com |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-43-03-06-0-004-032.002 |
| Property Located Between: | Monroe St and Van Buren Ave |
| Property Visibility: | Good |
| Largest Nearby Street: | Hwy 98 |
| Traffic/Vehicle Count: | 39,650 |
| Highway Access: | Hwy 98 |
| Airports: | Mobile Regional Airport |
| Site Description: | Eastern Shore - Daphne - Rare Opportunity - 5.2± acres Overlooking Mobile Bay, Multi-family Development Site. Located 1.4 miles (5 mins) from I-10, 15 minutes; 5 mins (1.5 miles) to vibrant retail at Jubilee Park, over 360,000 sf of shops, dining, entertainment, including Fresh Market, Starbucks, Ulta, AMC Theaters, and more.; 15 minutes (10 miles) to Downtown Mobile, 15 minutes (6 miles) to Old Town Daphne, 20 minutes to Downtown Fairhope, 1 hour to Gulf Beaches, and 1 hour to Mobile Regional and Pensacola National Airports Jubilee Square: https://www.facebook.com/jubileesquaredaphne/ |
| Area Description: | Situated along the bluffs of Daphne, AL, overlooking Mobile Bay, this prime piece of real estate offers fantastic views and convenience to all the amenities Baldwin and Mobile counties have to offer. The City of Daphne is one of the fastest growing cities in the fastest-growing county (Baldwin County) in the state of Alabama. Strong and affluent demographics with an average household income of $87,486 within a five mile radius. Site is less than one mile south of the I-10 exit. |
| Zoning Description: | R-4 High Density Residential |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,851 | 18,361 | 31,237 |
| Median Age: | 41.5 | 40.47 | 41.02 |
| Households: | 879 | 7,777 | 12,519 |
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