1.93 Acre Industrial Lot on Highway 49 Loxley Alabama

Vacant Land for Sale
Catylist Listing ID: 30048389
Property Subtypes: Industrial
Gross Land Area: 1.93 Acres
Sale Price: $145,000
Unit Price: $75,129 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 1/3/2022

Overview / Comments

Level commercial building lot located on the east side of Highway 49, approximately 1 mile north of the intersection of Highway 59 and Interstate 10.

Loxely is located approximately half way between Mobile and Pensacola on Interstate 10. The site is convenient to Spanish Fort, Malbis, Daphne, Fairhope, Foley and Gulf Shores.

Baldwin County is the fastest growing county in Alabama.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 33-08-27-0-000-001.039
Legal Description: Lot 2-A, Resubdivision of Lots 2,3, & 4. Loxley I-10 Business Park East, Unit One.
Largest Nearby Street: Highway 59
Feet of Frontage: 237
Highway Access: Located on the east side of Highway 49, approximately one mile north of the intersection of Highway 59 and Interstate 10.
Site Description: Level, wooded lot perfect for office/warehouse development.
Area Description: Rapidly growing industrial area. The property is located next to a 60,000 square foot distribution warehouse and across Highway 49 from one of the largest warehouse distribution developments in the area.
Lot Frontage: 237'
Lot Depth: 355'
Zoning Description: I-1, Light Industrial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,380 13,535
Median Age: 37.07 35.72
Households: 546 5,160


Photograph of Listing Agent

Joseph G. Betbeze, Jr.

Betbeze Realty Co., Inc. Gulf Coast CMLS Member
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