General Business zoned property with endless potential!

Vacant Land for Sale
Catylist Listing ID: 30404909
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.31 Acres
Sale Price: $795,000
Unit Price: $606,870 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2019

Overview / Comments

Great Investment Opportunity! This property is already fenced and being used as a boat and RV storage facility. It's made up of two lots, with a total road frontage of 219 feet on Canal Road. There is space for 72 boats/RV's, and in May the spaces were approximately 95% rented. In the off season the spaces are generally 80% rented, and in the summer they are generally 100% rented.

Electric and City Water are already connected, and City Sewer and Gas are available. The property is Zoned GB, so the possible uses for this property are endless. And the location can't be beat!

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Orange Beach
Tax ID/APN: 118653 & 118654
Zoning: GENERAL BUSINESS
Property Visibility: Excellent
Legal Description: 109.5' X 260' LOT 2 CANAL ROAD COMMERCIAL SLIDE 1433-A IN CITY OF ORANGE BEACH SEC 6-T9S-R5E (WD SURVIVORSHIP) 109.5' X 260' LOTS 3 CANAL ROAD COMMERCIAL SLIDE 1433-A IN CITY OF ORANGE BEACH SEC 6-T9S-R5E (WD - SURVIVORSHIP)
Largest Nearby Street: Canal Road

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,747 5,775 13,563
Median Age: 36.35 39.61 41.46
Households: 707 2,460 5,917
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