M-1 Lot, Hwy 49 Loxley, AL (Lot 6)

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30865517
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Self Storage
Status: Pending
Gross Land Area: 3 Acres
Sale Price: $655,000
Unit Price: $218,333 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2024

Overview / Comments

Excellent opportunity to own this 3 acre lot with direct road frontage on Hwy 49 with quick access to the I-10 Corridor. This property is flat and cleared with utilities available. Zoned M1. There are a total of 6 lots available. 4 lots on Hwy 59 that are Zoned B-1 and 2 lots on Hwy 49 that are Zoned M-1.

Baldwin County is one of the fastest growing counties in the nation and the City of Loxley is quickly being known as a Logistics and Distribution Hub due to its close proximity to the Port of Mobile and I-10. There are multiple Industrial sites nearby including the Ace Hardware Distribution Center, The new reportedly 100 Million dollar Aldi Distribution Center, Imperial Dade and Home Depot Warehouses and many others. The new $73 million dollar Baldwin County Preparatory School is a few miles North. This property is adjacent to the Speedway and Love's Truck Stops. Hwy 59 is also the gateway to Alabama's beautiful sandy white beaches and world renowned Gulf fishing.

Lot 5 is Under Contract

Seller is a Licensed Alabama Realtor.
Buyer to verify all information.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-33-08-34-0-000-008.004
Zoning: M1
Property Located Between: Hwy 59 and Hwy 49 at the I-10 corridor
Property Visibility: Excellent
Legal Description: Lot 6 of Loxley Commercial. Slide 0002927-
Largest Nearby Street: Directly on Hwy 49 with quick access to Hwy 59 at I-10
Feet of Frontage: 405
Highway Access: Lot 6 of Loxley Commercial. Slide 0002927-
Airports: Pensacola International Airport, Mobile Regional
Site Description: Flat and cleared with utilities available
Area Description: Multiple large warehouses and distribution centers nearby including Home Depot, Imperial Dade, Keyport, Ace Hardware and Aldi.
Lot Frontage: 405 Feet
Lot Depth: irregular
Zoning Description: M-1
Topography: Level
Easements: Utilities
Soil Type: Other
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,380 15,209
Median Age: 37.07 35.75
Households: 546 5,781

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