26 Acres on Hwy 59 (Loxley near Spanish Fort & Stapleton)

Vacant Land for Sale
Catylist Listing ID: 30830930
Property Subtypes: Agricultural, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other
Gross Land Area: 26 Acres
Sale Price: $2,950,000
Unit Price: $113,461 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 8/29/2023

Overview / Comments

Fantastic 26 acres apartment, retail or mixed use development site with visibility on the four lane corridor of Highway 59 in the Loxley area of Baldwin County, AL Located on the west side of Hwy 59 with 1,300+ feet of frontage just south of Tom Thumb convenience store at the tip of the Golden Triangle (triangle created by Hwy 31, Hwy 59, and I-10). Fantastic growth corridor connecting I-10 and I-65 with new industrial growth in the Loxley area including new $100m ALDI regional HQ and distribution center, new Imperial Dade logistics, existing ACE hardware distribution center. Corridor connects the Eastern Shore and I-10 to Bay Minette and the under construction Novelis $2.5 billion aluminum plant on the Baldwin County Megasite at I-65. For more information see: https://www.madeinalabama.com/2022/10/novelis-kicks-off-construction-on-2-5-billion-alabama-aluminum-mill/

Situated 5 miles North of I-10 Exit 44 (Loxley - Hwy 59) and 16 miles South of I-65 via four lane highway,

The location provides easy access to Mobile, AL; Pensacola, FL; interstate 10; US Hwy 31 and Interstate 65.

Property located in an planning district in the county that has not adopted zoning (Baldwin County Planning District 7). Property is contiguous to the corporate limits of Loxley on two property lines.

• Located adjacent to City of Loxley, AL city limits
• 5 miles from I-10 & 17 miles from I-65
• 25 Acres with 1,300’ of frontage on Hwy 59
• Seller would consider subdividing

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-33-03-05-0-000-003.003
Zoning: NO ZONING (UNZONED PLANNING DISTRICT)
Property Visibility: Excellent
Legal Description: PPIN 42206
Largest Nearby Street: Hwy 31
Highway Access: State Hwy 59. Easy access to Hwy 31. Convenient access to I-10 and I-65 via Hwy 59.
Lot Frontage: 1300
Zoning Description: No zoning. Property located in Baldwin County planning district that has not implemented zoning.
Topography: Gently Sloping
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,744 9,202
Median Age: 34.63 36.96
Households: 2,634 3,546

Contact

Photograph of Listing Agent

Dane Haygood

H Properties LLC Gulf Coast CMLS Member
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