4 acres on Highway 98 in Fairhope

Vacant Land for Sale
Catylist Listing ID: 30349908
Gross Land Area: 4.40 Acres
Sale Price: $325,000
Unit Price: $73,863 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

Incredible investment opportunity. Approximately 4 acres and 420 feet on US Hwy 98 with the possibility of 500 ft frontage on 98. Prime location located directly on Hwy 98 and not far from the intersection of Hwy 98 and Hwy 181. Ideal for retail or office development or various other commercial development options.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 213465
Property Located Between: Mary Ann Beech Road and County Road 12
Property Visibility: Good
Legal Description: 8.9 AC(C) 8.4 AC(D) ALL THAT PT OF THE NE1/4 OF SE1/4 LYING N OF US HWY 98 SEC 22-T7S-R2E
Largest Nearby Street: Us Highway 98
Feet of Frontage: 420
Traffic/Vehicle Count: 6,500
Site Description: Level
Lot Frontage: 420
Lot Depth: 475
Zoning Description: Baldwin County Zoning
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.