Retail/Flex Space - Loxley, AL

Retail-Commercial for Sale
Catylist Listing ID: 30298112
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,400 SF
Gross Land Area: 2.87 Acres
Sale Price: $399,900
Unit Price: $166.63 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2019

Overview / Comments

2,400sf freestanding metal construction building featuring a showroom, two private offices, restrooms and storage room with roll-up door. The building is situated on 2.87 acres with 100' of frontage on Highway 59 in Loxley approximately 3.5 miles south of I-10 at Exit 44. The property is located on the east side of Highway 59, a major thoroughfare ro Alabama's tourist destinations, industrial; operations, retail developments and the new OWA entertainment venue in Foley. The property is centrally located in Baldwin County, the fastest growing county in the State of Alabama.

The property was most recently used as a used auto dealership.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-42-06-14-0-000-005.000
Retail Clientele: General, Business
Property Located Between: I-10 and U.S. Highway 90
Property Visibility: Excellent
Largest Nearby Street: I-10
Feet of Frontage: 100
Traffic/Vehicle Count: 21,150
Highway Access: Highway 59 to I-10
Site Description: 2,97 acres of mostly undeveloped land with a 2,400sf freestanding metal construction building. Excellent visibility from vibrant Highway 59.
Area Description: Situated on a major thoroughfare and proximate to retail, industrial, agricultural, municipal governmental operations and residential neighborhoods.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Aluminum Siding
Exterior Description: Metal construction with a retail presence and a rocked parking lot.
Parking Type: Surface
Parking Description: Rocked surface parking lot.
Interior Description: Showroom, two private office, restrooms and storage room with rol-up door.
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,746 10,863 14,852
Median Age: 33.96 35.93 36.84
Households: 668 3,928 5,396


Photograph of Listing Agent

David Dexter

NAI Mobile Gulf Coast CMLS Member
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