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207 State Highway 59 N 880 SF 100% Leased Retail Building Summerdale, AL 36580 $699,900 ($795.34/SF)



INVESTMENT HIGHLIGHTS
- Delineation study completed September 2022
- 547 feet of direct frontage on HWY 59
EXECUTIVE SUMMARY
This prime 20-acre development opportunity in Summerdale, Alabama offers 547 feet of direct frontage on HWY 59 and consists of three parcels (PPIN 033745, 031587, and 257042). The property includes a large metal building that conveys at no value and presents unlimited potential for uses such as a grocery store, hotel, shopping center, or mixed-use development. Located in Baldwin County, one of the fastest-growing areas in Alabama, the site is just minutes from Foley and approximately 20 miles from Gulf Shores, providing excellent access to major tourist destinations and regional traffic. The Town of Summerdale offers attractive incentives for multiple types of projects, and a delineation study was completed in September 2022. Previous photos showed an old house that was damaged by Hurricane Sally and removed; it had no value and was not considered in pricing. Buyer to verify all information during due diligence.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
880 SF
Building Class
C
Year Built
1945
Price
$699,900
Price Per SF
$795.34
Percent Leased
100%
Building Height
1 Story
Lot Size
20.00 AC
PROPERTY TAXES
| Parcel Number | 48-09-30-3-000-009.000 | Improvements Assessment | $13,140 |
| Land Assessment | $1,960 | Total Assessment | $15,100 |
PROPERTY TAXES
Parcel Number
48-09-30-3-000-009.000
Land Assessment
$1,960
Improvements Assessment
$13,140
Total Assessment
$15,100
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Presented by
Sand Dollar Real Estate, Inc.
207 State Highway 59 N
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