3.2 Acre Development Opportunity HWY 181 Spanish Fort

Retail-Commercial for Sale
Catylist Listing ID: 30871991
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Other
Building Size (RSF): 7,000 SF
Gross Building Area: See Agent
Gross Land Area: 139,392 SF
Sale Price: $3,600,000
Unit Price: $514.29 PSF
Ceiling: 20 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/5/2024

Overview / Comments

This Property encompasses 3.2 developable acres perfectly situated along Hwy 181 in Spanish Fort, Alabama. Take advantage of 293 feet of road front visibility that sits on a highway with over 25,000 vehicles per day passing by. Located in a mature retail market, this property is situated just in front of the Eastern Shore Center that is full of shopping, restaurants, retail, and more. The Property is centrally located on the main thoroughfare between many neighborhoods, schools, shopping, and Interstate 10. This is one of the most ideal retail locations in all of Baldwin County - a top 10 fastest growing county in the US!

Take advantage of the +/- 7,000 square foot existing office/warehouse building with 13 roll-up bays that currently sits on the site. The building is set up with roughly 6,200 square feet of warehouse space, +/- 800 square feet of office space, all the parking you may need and a privacy fence included. All measurements to be verified by Buyers Agent.

Please contact Agent if you would like to set up a showing inside the Building.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-32-07-26-0-000-021.012
Zoning: UN-ZONED
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: HWY 181
Feet of Frontage: 293
Traffic/Vehicle Count: 25,000
Total Number of Buildings: 1
Typical SF / Floor: 7,000 SF
Property Condition: Average
Year Built: 1992
Roof Type: Flat
Parking Type: Surface
Zoning Description: Un-Zoned
Lot Frontage: 293
Lot Depth: 475
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,539 22,621
Median Age: 38.16 38.27
Households: 7,759 9,063


Photograph of Listing Agent

Anderson Reed

Bellator - Eastern Shore Gulf Coast CMLS Member
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