PRIME COMMERCIAL Business Land with High Traffic Count!

Vacant Land for Sale
Catylist Listing ID: 30346552
Property Subtypes: Office, Retail, Self Storage, Other
Gross Land Area: 3.75 Acres
Sale Price: $709,900
Unit Price: $189,306 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

Excellent commercial site with 220' frontage located on heavily traveled Hwy.59 better known as S. McKenzie St. Includes curb cut as well as adjacent median cut for Hwy. 59 traffic. Across street from major auto dealership and within minutes of countless retail stores, Tanger Outlet Mall, award-winning resort, OWA, and 15 minutes from Gulf of Mexico beaches in addition to 2nd busiest airport in Alabama: Jack Edwards National Airport in Gulf Shores. Zoned: B-1A - Extended Business District; Uses include: any retail business not specifically restricted herein. Location, Location! This parcel has it.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Foley
Tax ID/APN: 047681
Zoning: B-1A
Property Located Between: County Road 20 South and County Road 12 South
Property Visibility: Good
Legal Description: 220' X 610'(S) IRR FM NE COR OF SE1/4 OF NE1/4 OF SE1/4 OF S EC 8 RUN TH W 50'(S) FOR POB, TH RUN S 220', TH W 346.1', TH S 109.9', TH W 269.8', TH N 330'(S), TH E 610'(S) TO POB IN THE CITY OF FOLEY SEC 8-T8S-R4E (WD)
Largest Nearby Street: County Road 12 South
Traffic/Vehicle Count: 39,500
Highway Access: Highway 59 South (McKenzie Street) between County Road 20 South and County Road 12 South on west side of highway.
Airports: Jack Edwards National Airport - Gulf Shores, AL
Site Description: Unimproved lot with abundant frontage on major north/south highway (59). Zoning allows for multiple options of retail business. Located 25 miles south of major interstate I-10
Area Description: Hwy. 59 runs through FASTEST GROWING COUNTY IN ALABAMA. Foley, AL population: 17,000+ (2016 census) Attractions and retail nearby: Tanger Outlet Mall (one of largest shopping centers in country); Gulf beaches: 15 minutes from and annual estimates of 6.4 million tourists and 4.4 billion in spending (AL Tourism Dept. stats).
Lot Frontage: 220 feet
Lot Depth: 610 feet
Zoning Description: B-1A: Commercial Use; extended Business District; Opportunity Zone Category
Development Name: Sai Hospitality Inc.
Topography: Level
Easements: Ingress/Egress
Easements Description: Curb cut on frontage as well as adjacent median cut on Hwy 59
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,136 26,656
Median Age: 38.69 40.36
Households: 5,844 11,254

Contact

Photograph of Listing Agent

Tim Arant

RE/MAX of Gulf Shores Gulf Coast CMLS Member
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