109 Acre Prime Development Opportunity on Hwy 181

Vacant Land for Sale
Catylist Listing ID: 30519483
Property Subtypes: Agricultural, Office
Gross Land Area: 109 Acres
Sale Price: $12,500,000
Unit Price: $114,678 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2019

Overview / Comments

109 +/- Acres of Prime Real Estate for development in Daphne. More than 1900 feet on Highway 181 and property connects through to Pleasant Road. Includes parcel PPIN#s: 044038 - 60 acres, zoned B2; 051106 - 40 acres currently zoned RA and 000390 - 9 acres currently zoned RSF-E. All or part for sale with seller's approval.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 43-02-10-0-000-008.000
Zoning: B2 AND RA
Property Located Between: County Road 64 and Champions Way
Property Visibility: Excellent
Legal Description: Consists of 3 parcels. 1) PPIN# 044038 2) PPIN# 051106 3) PPIN# 000390
Largest Nearby Street: Highway 181
Feet of Frontage: 1,960
Highway Access: Located on Highway 181 and less than 10 miles to I-10
Lot Frontage: 1960
Zoning Description: B2 for 60 acre parcel connected to Hwy 181 RA for 40 acres on west side of 60 acres RSF-E for 9 acres connecting to Pleasant Rd.
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,206 36,249
Median Age: 39.54 39.52
Households: 5,444 13,904

Contact

Photograph of Listing Agent

Stephen Roberts

Coastal Alabama Real Estate, LLC Gulf Coast CMLS Member
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