5.2 Acres in Fairhope - Fruit and Nut section and close to downtown

Vacant Land for Sale
Catylist Listing ID: 30325630
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 5.20 Acres
Sale Price: $1,000,000
Unit Price: $192,307 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/3/2018

Overview / Comments

5.2 property on Section Street in the fruit and nut area of Fairhope. Property has appx 120ft of road frontage on Section and also has access on the west side of the parcel via Summer Lane. Land is cleared with some trees remaining. This parcel within walking distance of downtown Fairhope and Mobile Bay. Ideal location for small residential subdivision, townhomes, patio homes or mixed use. Property is currently zoned M-1 (Fairhope city). Water, gas sewer, power, and electricity is served by City of Fairhope - AT&T telephone.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Fairhope
Tax ID/APN: 5611
Zoning: M1
Property Visibility: Excellent
Legal Description: Block 53 Magnoia Beach, Long legal see description in attached survey
Largest Nearby Street: Section Street
Area Description: US Highway 98 South to right on Fairhope Avenue, left on Section Street. Property is on the right after the intersection of Pecan Avenue and Section Street.
Zoning Description: Fairhope M1 view table of permitted uses at http://www.fairhopeal.gov/home/showdocument?id=5457
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,806 14,165 32,263
Median Age: 49.53 46.99 43.2
Households: 1,765 6,379 13,110
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.