4 Acres Hwy 98

Office for Sale
Catylist Listing ID: 30876757
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Flex Space, Office Building, Research & Development
Building Size (RSF): 2,000 SF
Gross Land Area: 4 - 5.50 Acres
Sale Price: $599,000
Unit Price: $299.50 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2024

Overview / Comments

This is presently an occupied home but would make a perfect office complex. There are approximately 4 acres with 390' on US Highway 98. There are aproximately 2 additional acres that can be purchased with an additional 175' on US Highway 98 and 414' on Osborne Drive. What a location for a commercial development under beautiful Live Oak trees.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-54-08-27-0-000-018.000
Property Located Between: Between Hwy 59 and Beach Express.
Property Visibility: Excellent
Highway Access: There is currently an entrance from the property to Highway 98.
Site Description: The property is fairly clear with large trees and a water floe to one side of the property.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,000 SF
Year Built: 1966
Roof Type: Hip
Construction/Siding: Wood Frame
Exterior Description: Sprawling Ranch style home.
Parking Type: Surface
Heat Type: Natural Gas, Hot Water
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 390'
Lot Depth: 414'
Water Service: Municipal
Land Ownership: Full
Legal Description: Lots 2,3,5 & 6 of Wolf Creek Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,753 15,850 19,477
Median Age: 35.29 40.87 41.12
Households: 1,107 6,549 8,003

Contact

Photograph of Listing Agent

William T. Stanton

EXIT Realty Gulf Shores Gulf Coast CMLS Member
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