Lot 1: Perfect location for Fast Food Restaurant in Wahoo Plaza

Vacant Land for Sale
Catylist Listing ID: 30561338
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 38,056 SF
Sale Price: $12 PSF
Total Price: $456,672
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2021

Overview / Comments

Lot 1 along the 4-lane Foley Beach Express (FBE) in Wahoo Plaza is sitting in the perfect location for a Fast Food restaurant in this newly established commercial development; Lot 1 is approx. 38,056 sq.ft. Due to constant growth within Baldwin County, and especially around County Road 8; this area is a prime location to build an eatery that will attract business as the property is located between the northbound and southbound lanes of the FBE; easy access for local neighborhoods and visitors to the Gulf Coast area. Utilities on the Wahoo lots are Gulf Shores water and sewer, Foley natural gas, EMC Power, Harbor communication for telecommunication services and Century Link communications. Access to property is by an established service road that loops around lot and additional lots are available:
All 4 Commercial Lots Listing# 30555108
Lot #2 $448,040 Listing# 30557788
Lot #3 $444,780 Listing# 30561384
Lot #4 $440,400 Listing# 30561407

These lots are adjacent to an established gas station and there has been plans for a proposed High School along the southbound lane.
NOTE: Lot 1 sq. ft. is not confirmed at 43,000 so sale price may differ; once actual information is received we will update the listing accordingly.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-61-08-27-0-000-001.009
Property Located Between: Northbound and Southbound lanes of Foley Beach Expressway in Orange Beach
Property Visibility: Excellent
Largest Nearby Street: Foley Beach Expressway
Feet of Frontage: 300
Highway Access: This location is approx. 36 miles south of I-10.
Airports: Mobile, AL and Pensacola, FL
Site Description: Wahoo Plaza in Orange Beach, Alabama
Area Description: This commercial business area is located in-between the northbound and southbound lanes of Foley Beach Express.
Lot Frontage: 300
Zoning Description: This property is zoned B3 General Business
Part of Planned Development?: Yes
Development Name: Wahoo Plaza
Topography: Level
Easements: Utilities
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,602 8,111 27,346
Median Age: 39.71 39.12 39.74
Households: 1,514 3,464 11,646


Photograph of Listing Agent

Henry A Wise

Wise Living Real Estate, LLC Gulf Coast CMLS Member
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