Catylist ID:
#30864741
B1 LOT DIRECTLY ON HWY 59, VISIBLE FROM I-10 (LOT 1)
Vacant Land
for Sale
| Catylist Listing ID: | 30864741 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad, Vacation/Resort |
| Gross Land Area: | 1.59 Acres |
| Sale Price: | $615,000 |
| Unit Price: | $386,792 Per Acre |
| In Opportunity Zone? | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/15/2024 |
Overview / Comments
|
Excellent opportunity to own this 1.59 Acre Lot with 218 ft of direct road frontage on Hwy 59 with visibility from the I-10 Corridor. This property is flat and cleared with utilities available. Zoned B-1. There are a total of 6 lots available. 4 lots on Hwy 59 and 2 lots on Hwy 49 that are Zoned M-1. Baldwin County is one of the fastest growing counties in the nation and the City of Loxley is quickly being known as a Logistics and Distribution Hub due to its close proximity to the Port of Mobile and I-10. There are multiple Industrial sites nearby including the Ace Hardware Distribution Center, The new reportedly 100 Million dollar Aldi Distribution Center, Imperial Dade and Home Depot Warehouses and many others. The new $73 million dollar Baldwin County Preparatory School is a few miles North. This property is adjacent to the Speedway and Love's Truck Stops. Hwy 59 is also the gateway to Alabama's beautiful sandy white beaches and world renowned Gulf fishing. Lot 5 is now Under Contract. Seller is a Licensed Alabama Realtor. Buyer to verify all information. |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-33-08-34-0-000-008.006 |
| Zoning: | B-1 |
| Property Located Between: | Just North of I-10 on the East side of Hwy 59 |
| Property Visibility: | Excellent |
| Legal Description: | Lot 1 of Loxley Commercial. Slide 0002927-E |
| Largest Nearby Street: | Hwy 59 |
| Feet of Frontage: | 218 |
| Highway Access: | Direct Road Frontage on Hwy 59 with quick access to Interstate 10 |
| Airports: | Pensacola International Airport, Mobile Regional |
| Site Description: | Flat and cleared |
| Area Description: | Multiple Industrial Logistics and Warehouse sites in the area. |
| Lot Frontage: | 218 ft |
| Lot Depth: | Irregular |
| Zoning Description: | B-1 |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Sewer, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,380 | 15,209 |
| Median Age: | 37.07 | 35.75 |
| Households: | 546 | 5,781 |
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