8 Total Photos [Click to View All]
Listing Details
- $199,000
- MLS# 377172
- Type Land - Farm
- Status Active
Listed By
Agency Name: eXp Realty, LLC Gulf Shores Br
Agency Phone: 251-424-1238
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
Description
This property consists of approximately 2 +/-acres with more than 435 feet of road frontage along Highway 59. It presents a strong opportunity for commercial development, even though it is currently zoned Rural Agricultural (RA). However, the neighboring land to the north is zoned B-4, while the land to the south is zoned B-3. The lot also features a billboard that is under lease until January 2029, generating 25% of the gross income, with the lessee managing the subleasing process on an annual basis. Additionally, there is a relatively recent survey available, and all property pins are clearly marked. Buyer to verify all information during...read more
Features
Gallery
Listed By
Agency Name: eXp Realty, LLC Gulf Shores Br
Agency Phone: 251-424-1238
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Print This Listingx
Select a format below, new window will open and will prompt you to print.
Login to My Homefinder
Register to View this Listing
Why Create an Account?
If you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
With an account you can:
- Save your favorite listings
- Save searches with your important parameters
- Be emailed about new listings that meet your criteria
- Be notified of changes to your saved listings such as a price reduction or when a property goes off the market
- Keep track of homes you have recently viewed