US-98 COMMERCIAL 325' FF, (at CO RD 97)

Vacant Land for Sale
Catylist Listing ID: 30593965
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 4.86 Acres
Sale Price: $465,000
Unit Price: $95,679 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

• Property Size: 4.86± AC
• Price Per SF: $2.25
• Frontage: 325’ x 513’
• Zoning: B-2
• Approximately 12,000 vehicles pass site each day
• Topography: Level
• Located adjacent to retail at the southwest corner of US-98
and CR-97
• 325’± Frontage on US-98, Alabama’s Coastal Connection
• 513’± deep lot with 170’± on Co Rd. 97
• Located on direct route to West Pensacola
• Perfect corner for Retail, Restaurant, Storage, Office

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: Foley and Pensacola
Property Visibility: Excellent
Largest Nearby Street: US Highway 98 @ County Road 97
Feet of Frontage: 325
Traffic/Vehicle Count: 12,000
Highway Access: Site fronts US Highway 98. Alabamas to Florida East-West Connector
Airports: Mobile Regional Airport, Mobile Aeroplex at Brookley, Pensacola International Airport, Louis Armstrong New Orleans International Airport
Site Description: Fantastic opportunity to be a part of the new retail development located on the corner of US Highway 98 and County Road 97 with great frontage and visibility on bustling Alabama’s Coastal Connector. L-shaped parcel has frontage on US 98 and Co Rd 97. 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 frontage on US HWY 98 in new retail development in fast growing Elberta in Baldwin County -the fastest growing county in Alabama! Great opportunity for large amounts of traffic fronting 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 Foley and Alabama and Florida beaches.
Lot Frontage: 325 FRONT FT on US-98
Lot Depth: 513
Zoning Description: B2
Topography: Level
Easements: Ingress/Egress
Easements Description: Site fronts 98 and 97. Additional access is available via access easement across Dollar General entrance.
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: 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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