FOR SALE: 95 Acres, B-3/R-1

Vacant Land for Sale
Catylist Listing ID: 30704988
Property Subtypes: Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 95 Acres
Sale Price: $3,990,000
Unit Price: $42,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

Four parcels, totaling 95 Acres. Front two parcels (total 34 Acres) are commercial, zoned B-2, and rear two parcels (total 61 Acres are residential, zoned R-1. Small amount of wetlands along Halls Mill Creek on the north end of the property; exact amount unknown at this time. Water and Sewer available via Mobile Water and Sewer. Traffic Count of 26,330 on Highway 90.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: City of Mobile
Tax ID/APN: 33-05-38-0-003-001.001; 33-05-38-0-003-001.XXX; 33 05 38 0 002 002.XXX and 33-05-15-3-000-002.XXX
Zoning: B-3 & R-1
Property Visibility: Good
Legal Description: COMM AT SE COR FRACT SEC 15 T5S R2W TH RUN E 560 FT(S) TO POB TH RUN S 665 FT(S) TH E 690 FT(S) TO W/L U S HWY 90 TH NE 117 FT(S) TH N 120 FT(S) TH NWLY 79.1 FT (S) TH NE 200.15 FT TH N 225 FT(S) TH W 730 FT(S) TO POB #SEC 38 T5S R2W #MP33 05 38 0 003
Largest Nearby Street: Highway 90
Traffic/Vehicle Count: 26,330
Highway Access: Highway 90 & I-10
Airports: Foley Municipal Airport
Zoning Description: Front two parcels (total 34 Acres) are commercial, zoned B-3 Rear two parcels (total 61 Acres are residential, zoned R-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,333 37,421 128,598
Median Age: 38.63 41.18 37.19
Households: 1,724 15,032 51,845

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