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Highway 59 - Lot 1

1.59 Acres of Commercial Land Offered at $615,000 in Loxley, AL 36551

Investment Highlights

  • Excellent visibility from the I-10 Corridor

Executive Summary

Excellent opportunity to own this 1.59 acre lot in one of the fastest growing counties in the nation! There are a total of 6 lots available. 4 lots on Hwy 59 Zoned B-1 and 2 lots on Hwy 49 that are Zoned M-1. Lot 5 - (Sale Pending) - is a 3.60 acre lot Zoned M-1. Hwy 59 is the gateway to Alabama's beautiful sandy white beaches and world renowned Gulf fishing. The City of Loxley is quickly being known as a Logistics and Distribution Hub due to its close proximity to the Port of Mobile and I-10. There are multiple Industrial sites nearby including the Ace Hardware Distribution Center, The new reportedly 100 Million dollar Aldi Distribution Center, Imperial Dade, Home Depot Warehouses and many others. The new $73 million dollar Baldwin County Preparatory School is a few miles North.

Property Facts

Price $615,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Hospitality
  • Self Storage
Total Lot Size 1.59 AC
Opportunity Zone Yes

1 Lot Available

Lot 1

Price $615,000
Price Per AC $386,792
Lot Size 1.59 AC

This property is flat and cleared with utilities available. Zoned B-1. Located in Baldwin County with 197 ft of direct road frontage on Hwy 59. This property is adjacent to the Speedway and Love's Truck Stops.

Description

This property is flat and cleared with utilities available. There are a total of 6 lots available. 4 lots on Hwy 59 Zoned B-1 and 2 lots on Hwy 49 that are Zoned M-1. Hwy 59 is the gateway to Alabama's beautiful sandy white beaches and world renowned Gulf fishing. The City of Loxley is quickly being known as a Logistics and Distribution Hub due to its close proximity to the Port of Mobile and I-10. There are multiple Industrial sites nearby including the Ace Hardware Distribution Center, The new reportedly 100 Million dollar Aldi Distribution Center, Imperial Dade, Home Depot Warehouses and many others. The new $73 million dollar Baldwin County Preparatory School is a few miles North.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-08-27-0-000-004.019
Land Assessment
$10,780
Improvements Assessment
$0
Total Assessment
$10,780

zoning

Zoning Code B-1 (Commercial)
B-1 (Commercial)
  • Listing ID: 30885144

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: Highway 59, Loxley, AL 36551

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