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26050 County Road 32 - $1 Auction – 2.55 Acre | Proposed DG Mkt Adj 2.55 Acres of Commercial Land Offered at $50,000 in Elberta, AL 36530
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | 2.55 Acre Parcel | Proposed Dollar General Market Adjacent | Elberta, AL | AUCTION DECEMBER 15-17
- 5.47% Population Growth from 2020-2024 and 13.44% Growth Projected from 2024-2029 (10-Mile Radius)
- B-2, Local Business District Zoning for a Variety of Commercial Uses & Activities
- ±2.55 Acres of Land Adjacent to Dollar General Market Under Construction in Elberta, AL
- Attractive Demographics with ±54,946 Individuals and Annual Household Income of ±$71,231 (10-Mile)
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present a ±2.55-acre land parcel located adjacent 16946 County Road 87 (the “Property”) in Elberta, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property is a ±2.55-acre parcel situated adjacent to proposed Dollar General Market on County Road 32 with traffic counts of ±2,304 vehicles per day (VPD) at the intersection of County Road 87 with 3,310 VPD. The Property benefits from B-2, local business zoning allowing for a wide variety of permitted commercial uses.
Elberta, Alabama is located in southern Baldwin County along U.S.?Highway?98, offering convenient corridor exposure between the Gulf Shores—Orange?Beach resort area and inland Alabama. The Property benefits from strong demographics with a population of 54,946 residents and an average household income of $71,231 within a 10-mile radius. The population has experienced 5.47% growth from 2020-2024 with 13.44% growth expected to continue through 2029.
The Property is a ±2.55-acre parcel situated adjacent to proposed Dollar General Market on County Road 32 with traffic counts of ±2,304 vehicles per day (VPD) at the intersection of County Road 87 with 3,310 VPD. The Property benefits from B-2, local business zoning allowing for a wide variety of permitted commercial uses.
Elberta, Alabama is located in southern Baldwin County along U.S.?Highway?98, offering convenient corridor exposure between the Gulf Shores—Orange?Beach resort area and inland Alabama. The Property benefits from strong demographics with a population of 54,946 residents and an average household income of $71,231 within a 10-mile radius. The population has experienced 5.47% growth from 2020-2024 with 13.44% growth expected to continue through 2029.
PROPERTY FACTS
| Price | $50,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.55 AC |
| Property Type | Land | ||
| Zoning | B-2, local business | ||
| Price | $50,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.55 AC |
| Zoning | B-2, local business |
1 LOT AVAILABLE
Lot
| Price | $50,000 | Lot Size | 2.55 AC |
| Price Per AC | $19,607.84 |
| Price | $50,000 |
| Price Per AC | $19,607.84 |
| Lot Size | 2.55 AC |
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26050 County Road 32 - $1 Auction – 2.55 Acre | Proposed DG Mkt Adj
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