Causeway - 14 AC with Two Radio Towers and Billboard

Retail-Commercial for Sale
Catylist Listing ID: 30650844
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,056 SF
Gross Building Area: See Agent
Gross Land Area: 13 - 14 Acres
Sale Price: $499,000
Unit Price: $472.54 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: WMOB
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/27/2021

Overview / Comments

The sales is for 14± acres of land directly situated on bustling Battleship Parkway/Hwy 98. It includes a 1200 sf building which is currently used for radio broadcasting. Two radio tower antennas and one billboard sign framework are also included.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-31-04-20-0-000-006.000
Zoning: T-1 & R-1
Retail Clientele: General, Business, Tourist, Recreation
Property Located Between: I-10 and Hwy 98
Property Visibility: Excellent
Largest Nearby Street: Hwy 98
Highway Access: Hwy 98 just off I-10
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Property Condition: Good
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Air Conditioning: Package Unit
Zoning Description: T-1 Telecommunication Tower District R-1 Residential
Lot Frontage: 710'
Lot Depth: 840'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 13 AC(C) FR THE INT OF N R/W LN OF US HWY 31 WITH W LN OF SE C 20, RUN TH SE ALG N R/W 2010' FOR THE POB, TH NE 831', TH NW 640', TH SW ALG TENSAW RIVER 85'(S), TH SW 776', TH SE 71 0' ALG N R/W OF US 31 TO THE POB IN THE CITY OF SPANISH FORT SEC 20-T4S-R1E (CORR ST WD) IN1198990

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,913 46,698
Median Age: 38.67 36.11
Households: 3,678 18,192

Contact

Photograph of Listing Agent

Cheryl Stovall

eXp Realty LLC Southern Branch Gulf Coast CMLS Member
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