Southwest Corner of Hwy 98 and CR 97

Vacant Land for Sale
Catylist Listing ID: 30593965
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 4.70 Acres
Sale Price: $465,000
Unit Price: $98,936 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2021

Overview / Comments

• Property Size: 4.7± AC
• Price Per SF: $2.27
• Frontage: 310’ x 513’
• Zoning: B-2
• Approximately 10,000 vehicles pass site each day
• Topography: Level
• Hard corner on Southwest corner of HWY
98 and Co Rd. 97
• 310’± Frontage on HWY 98/Foley Beach
• 513’± on Co Rd. 97
• Located on direct route to West Pensacola
• Perfect corner for Gas Station
• 5% to Buyer's Agent

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-52-09-30-0-000-010.008
Zoning: B2
Property Located Between: Hwy 98 and CR 97
Property Visibility: Excellent
Feet of Frontage: 310
Highway Access: Site is on Hwy 98
Airports: Mobile Regional Airport, Mobile Aeroplex at Brookley, Pensacola International Airport, Louis Armstrong New Orleans International Airport
Site Description: Fantastic development opportunity for a hard corner with great frontage and visibility on bustling Hwy 98. A 280' x 350' segment is currently under contract, leaving an L-shaped majority of the plot- including the valuable hard corner- available. With 4.7± acres of B2 commercial zoning directly located on the main travel route to Pensacola beaches, this site would be perfect for a gas station, restaurant, or service center.
Area Description: Prime hard corner with 310’ frontage on HWY 98/Foley Beach Express in Baldwin County - the fastest growing county in Alabama! Great opportunity for large amounts of frontage on busy Hwy 98 and CR 97, directly on main travel route to Pensacola, FL - which boasts a hot development market! Perfect location for any business in need of high visibility or for those that desire an office only a short drive from Alabama AND Florida beaches.
Lot Frontage: 310
Lot Depth: 513

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,926 9,501
Median Age: 51.01 50.92
Households: 1,707 4,216


Photograph of Listing Agent

Cheryl Stovall

eXp Realty LLC Southern Branch Gulf Coast CMLS Member
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