13 Acres on Highway 59- Zoned B1-A
Vacant Land
for Sale
Catylist Listing ID: |
30843565 |
Property Subtypes: |
Agricultural, Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage, Other
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Gross Land Area: |
13 Acres
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Sale Price: |
$2,300,000 |
Unit Price: |
$176,923 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/17/2023 |
Overview / Comments
This property includes 64’ of frontage on Highway 59 and is located within the City of Foley with a zoning of B-1A. The perfect opportunity for commercial development!
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Additional Details
Nearest MSA: |
Daphne-Fairhope-Foley |
County: |
Baldwin |
Tax ID/APN: |
05-61-05-16-3-001-011.000 |
Zoning: |
B1-A |
Legal Description: |
Commence at a point where the East right-of-way of Alabama Highway No. 59 intersects the South line of the Northwest Quarter of the Southwest Quarter of Section 16, Township 8 South, Range 4 East as established by McNeil Robinson, Alabama Reg. No. 1065 and plat of survey dated the 25th day of January, 1976; run thence N00°23’18”E along the East right-of-way of said Ala. Hwy. 59 for 270.00 feet to the Point of Beginning; continue thence N00°23’18”E along said right-of-way for 63.83 feet; run thence N89°48’51”E for 400.14 feet; run thence N00°21’28”E for 328.84 feet; run thence S89°25’01”E for 772.04 feet, which is at the mid-point on the East Quarter line of the Northwest Quarter of the Southwest Quarter; run thence S00°00’35”W for 662.18 feet, more or less, to a point that is on the South Quarter line; run thence N00°32’49”W for 876.37 feet along said line; run thence N00°23’18”E for 270.00 feet; run thence N89°37’14”W for 299.98 feet to the Point of Beginning. |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
10,060 |
24,061 |
Median Age: |
40.13 |
38.75 |
Households: |
4,203 |
10,109 |
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