FOLEY IN OPPORTUNITY ZONE NEAR OWA & TANGER MALL MULTI FAMILY SITE
Vacant Land
for Sale
| Catylist Listing ID: |
29999224 |
| Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
8.50 Acres
|
| Sale Price: |
$785,000 |
| Unit Price: |
$92,352 Per Acre |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/21/2021 |
Overview / Comments
Prime corner parcel location for a multi family, retail, or office development. Located on Pine Street at corner of Pine St and Park Ave 1/4 mile from Walmart Tanger Outlet Mall, OWA Entertainment Complex across street from new Publix and many other major retailers. Property can be sold all or part, subject to subdivision approval. Owner is a Licensed Retail Estate Broker in the State of Alabama. ZONED COMMERCIAL, POSSIBLE REZONING FOR MULTI-FAMILY.
$2.12 PSF
SMALL AMOUT OF WETLAND HAS BEEN MITIGATED, FILLED AND READY FOR DEVELOPMENT.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin Countyt |
| Tax ID/APN: |
238339 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
CR 20 AND PARK AVENUE |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Hwy 59 Cr 20 |
| Feet of Frontage: |
1,100 |
| Highway Access: |
1/4 mile from Hwy 59 and Cr 20 |
| Site Description: |
Prime corner parcel located at corner of Pine St and Park Ave. Zoned for Commercial use could be retail or office, nice level lot |
| Area Description: |
Located in a heavy moderate to upper moderate residential area, convenient to major retail, restaurants and professional offices. |
| Lot Frontage: |
1100 (+/-) feet total on Pine St and park Ave. |
| Lot Depth: |
475 (+/-) |
| Zoning Description: |
Pud- Zoned Commercial |
| Part of Planned Development?: |
Yes |
| Development Name: |
Evans Park |
| Topography: |
Level |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,240 |
11,508 |
27,301 |
| Median Age: |
34.25 |
38.31 |
40.22 |
| Households: |
1,732 |
4,697 |
11,064 |
|
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