Craft Farms Commercial Opportunity

Vacant Land for Sale
Catylist Listing ID: 30053188
Property Subtypes: Multi-Family
Gross Land Area: 14 Acres
Sale Price: $2,400,000
Unit Price: $171,428 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2018

Overview / Comments

Proposed 3 phase development on 14 +/- acres for a total of 148 residential attached and detached units. Phase One is in place with 8 pads ready including clubhouse with a total of 33 units. Phase two and three consist of 115 proposed units.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 282445&282446
Zoning: RFP
Property Visibility: Excellent
Legal Description: Lot 10 and 11 Colonial Properties commercial park slide 2252-C & amended slide 2351-C&D in the city of Gulf Shores
Largest Nearby Street: Hwy 59
Topography: Level

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,761 18,277
Median Age: 40.16 41.66
Households: 5,689 8,016


Photograph of Listing Agent

Morgan Ashurst

Ashurst & Niemeyer Gulf Coast CMLS Member
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