Unzoned Vacant Land
Vacant Land
for Sale
| Catylist Listing ID: |
30839211 |
| Property Subtypes: |
Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
4 Acres
|
| Sale Price: |
$404,000 |
| Unit Price: |
$101,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2023 |
Overview / Comments
|
Unzoned and located in an Opportunity Zone! This 4.86-acre parcel has 301’ of frontage on Hwy 59 in North Foley. With the property being unzoned and located outside of the city limits, the land uses are essentially limitless (commercial, industrial, apartments, multi-family, RV park, mobile home park, etc). Take advantage of the Opportunity Zone’s enormous tax advantages by developing a rental asset. Traffic count of approximately 25,996. Seller will consider owner financing.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin County |
| Tax ID/APN: |
05-54-03-08-0-000-015.000 |
| Zoning: |
UNZONED |
| Property Located Between: |
Foley and Summerdale |
| Property Visibility: |
Excellent |
| Legal Description: |
300.5' X 706' FM SE COR OF NW1/4 OF NW1/4 OF SEC 8 RUN W 371 TH SE 395.6' TO POB, TH W 250', TH SE 3 |
| Largest Nearby Street: |
Hwy 59 and Foley Beach Express |
| Feet of Frontage: |
300 |
| Traffic/Vehicle Count: |
25,996 |
| Lot Frontage: |
300 |
| Lot Depth: |
706 |
| Zoning Description: |
Unzoned - no restrictions. |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,316 |
16,727 |
| Median Age: |
45.88 |
40.27 |
| Households: |
2,219 |
6,616 |
|
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