Vacant Land for Sale
Catylist Listing ID: 30040542
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 56,448 SF
Sale Price: $400,000
Unit Price: $7.09 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2019

Overview / Comments

These 2 commercial parcels are located on the north side of Ft Morgan Road next to the Silver Seahorse Oyster Bar and the Fresh Seafood Market. Both businesses are long-term and have a busy clientele. It is in a high traffic area just 4.5 miles from Gulf Shores Parkway (Hwy 59) on Ft Morgan Road. It is surrounded by residential homes and short-term vacation rentals. (The adjoining commercial bulding and property is also available. Please view MLS #30007175 for more information.)


Finance Data Year 2016
Assessed Value - Total($) $15,120 (Annual)
Real Estate Taxes - Annual($) $499 (Annual)
Lender Name N/A
Amortization Period N/A

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County Probate
Tax ID/APN: 099717 / 033484
Property Located Between: Silver Seahorse Oyster Bar & Fresh Seafood Market and the residential street of Twin Pines Circle.
Property Visibility: Excellent
Legal Description: PIN #033484: 185'X220' IRR BEG 473' W OF SE COR OF SEC 15 FOR POB TH CONT W 185', TH N 220', TH 3 134.5', TH S109.95', TH E 55', TH S 110' TO POB SEC 15-T9S-R3E (VL) PIN #099717: 118.7'X150' FM NE COROF SEC 22RUN TH S 45'(S) TO N LINE OF DIXIE GRAVES PKWY TH SW'LY ALG PKWY 55.5' TO POB TH CONT SW'LY 118.7', TH N 150'(S), TH E 116.6', TH S133'(S) TO POB SEC 22-T9S-R3E (WD) IN#603231
Largest Nearby Street: State Hwy 180 (Ft Morgan Rd)
Feet of Frontage: 119
Traffic/Vehicle Count: 16,720
Highway Access: Property sits directly on State Highway 180 (Ft Morgan Road) and is 4.5 miles from Gulf Shores Parkway (Hwy 59)
Airports: Jack Edwards, Gulf Shores, AL, Pensacola International , Mobile International
Site Description: High visibility, level parking. Located within 100' of the landmark Chevron station on State Highway 180 (Ft Morgan Road)
Area Description: Gulf Shores is one of the premier beach communities in the country. It is a family friendly community that thrives year round! Great entertainment, food and fishing! Historic Fort Morgan is a unique place to visit as well. There is a Ferry that will take you across Mobile Bay to Dauphin Island!
Lot Frontage: 118.7'
Lot Depth: 370'
Zoning Description: Zoned General Business by the City of Gulf Shores
Topography: Level
Easements: Pipelines, Electric Lines, Ingress/Egress, Water Rights, Utilities, Preservation, Environmental, Other
Soil Type: Clay
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,799 7,566
Median Age: 47.92 43.82
Households: 2,161 3,434


Photograph of Listing Agent

William P. Lagman

Coastal Real Estate Center, LLC Gulf Coast CMLS Member
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