Prime 9 Acre Major Commercial Parcel Baldwin County Opportunity Zone
Vacant Land
for Sale
| Catylist Listing ID: |
30773400 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
9.20 Acres
|
| Sale Price: |
$4,990,000 |
| Unit Price: |
$542,391 Per Acre |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/20/2023 |
Overview / Comments
|
Owner says retirement is calling, all offers considered, for all or part!! Excellent opportunity for food court, retail or almost anything on Prime 9.2 total acre Major Commercial site comprised of 4 separate parcels on Highway 64 at Booming I-10 Wilcox Exit in Baldwin County Opportunity Zone. Several major residential and recreational developments planned and currently under construction on adjacent parcels and surrounding area exploding with growth. Current owner has been operating very successful Truck and Trailer Repair Center for over 20 years and is retiring. Great deep rectangular property with outstanding access adjacent to busy long term travel center service center with restaurant. Great visibility at busy Styx River /Wilcox Road/I-10 Exit. Highway 64 is major North South artery feeding Bay Minette to the North and is roughly the midway point between Mobile and Pensacola. The span between Mobile/Daphne area and Pensacola is quickly growing together and the economic climate outlook for the next several years is outstanding predicting major growth in every direction. This property would be ideal for cluster of restaurants or retail to service future demographic boom surrounding it. Current owner not able to keep up with daily rising demand for his services and is ready to retire.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin County, Alabama |
| Tax ID/APN: |
05-41-01-12-0-000-003.000 |
| Zoning: |
B4 MAJOR COMMERCIAL |
| Property Located Between: |
Pensacola and Mobile/Daphne |
| Property Visibility: |
Excellent |
| Legal Description: |
Site is comprised of 4 separate adjacent parcels assembled to form tract, legal descriptions in file see attachments |
| Largest Nearby Street: |
Highway 64 North/South I-10 East/West |
| Feet of Frontage: |
450 |
| Highway Access: |
Fronts Highway 64 at Interstate !0 Wilcox Road/Styx River Exit |
| Airports: |
Located between Pensacola International and Mobile |
| Site Description: |
High and Dry Tract with Great Access and Visibility |
| Area Description: |
Area is rapidly growing in every direction. Available supply of commercial parcels in prime locations are quickly disappearing as Pensacola and Mobile grow together fueled by demand from influx of new residents moving to area. |
| Lot Frontage: |
450 |
| Lot Depth: |
900 |
| Zoning Description: |
Major Commercial B4 in Opportunity Zone |
| Development Name: |
Wilcox Road Exit |
| Topography: |
Level |
| Easements: |
Utilities |
| Available Utilities: |
Electric, Water, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,626 |
2,626 |
| Median Age: |
41.21 |
41.21 |
| Households: |
972 |
972 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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