Advantage Site - 121 Acres - Creola, AL
Vacant Land
for Sale
Catylist Listing ID: |
30590388 |
Property Subtypes: |
Industrial
|
Gross Land Area: |
121 Acres
|
Sale Price: |
$6,780,000 |
Unit Price: |
$56,033 Per Acre |
Land Splits Available: |
Yes |
Adjacent Parcels Available: |
Yes |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/22/2024 |
Overview / Comments
121 acres of property designated as an Alabama AdvantageSite, meaning it has already been thoroughly vetted by Federal, State and Local authorities and approved for industrial development. Managed by the Economic Development Partnership of Alabama the AdvantageSite program is a joint effort between the private sector and state and local governments to prepare and deliver property that is shovel ready for large industrial prospects.
To achieve AdvantageSite status the property must be a minimum of 25 acres in an industrial park or a minimum of 50 contiguous acres that is accessible by a paved two-lane roadway. The site is inspected with a Phase I Environmental Assessment, a Geotechnical Exploration Report, a Preliminary Wetlands Assessment and reviewed for the presence of threatened/endangered species, historical and archaeological significance. The site must be serviced with utilities including power, natural gas, telephone, fiber and public water and wastewater. The community the in which the site is located is reviewed for workforce talent, education and training.
The property is one of 59 AdvantageSites in Alabama consisting of a total of 121 acres.
|
Additional Details
Nearest MSA: |
Mobile |
County: |
Mobile |
Tax ID/APN: |
R021902030000001.005. |
Zoning: |
INDUSTRIAL |
Property Located Between: |
Highway 43 and Highway 45 |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Highway 43 |
Feet of Frontage: |
1,670 |
Highway Access: |
Radcliff Road to Hwy. 43 to I-65 |
Rail Access: |
Yes |
Site Description: |
Undeveloped land that is suitable for industrial development. In fact, as an Alabama AdvantageSite it is shovel ready. Level topography. All utilities are available. |
Area Description: |
The area features industrial operations and is proximate to the Highway 43 industrial corridor. |
Lot Frontage: |
1670 |
Zoning Description: |
Industrial |
Development Name: |
AdvantageSite - Industrial - Creola |
Topography: |
Level |
Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
7,611 |
15,813 |
Median Age: |
41.71 |
40.01 |
Households: |
2,761 |
5,856 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|