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7126 State Highway 59
Gulf Shores, AL 36542

Commercial Land Hotel, Retail, QSR, Dine In · Land For Sale · 19.80 AC

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Executive Summary

Sale, Ground Lease, Potential Build to Suit, and Creative Finance Options available. Priced PSF $7.00 to $12.50

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Design & Build	Proposed Use	Commercial Retail Fast Food Hotel Restaurant
No. Lots	4	Total Lot Size	19.80 AC
Property Type	Land

Sale Type	Investment
Sale Conditions	Design & Build
No. Lots	4
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Fast Food Hotel Restaurant
Total Lot Size	19.80 AC

4 Lots Available

Lot

Price	£1,980,198	Lot Size	10.00 AC
Price Per AC	£198,020

Price	£1,980,198
Price Per AC	£198,020
Lot Size	10.00 AC

High Traffic Counts, Great Visibility, Existing Curb Cuts with Shared access on Gulf Shores Parkway and Coastal Gateway Blvd in Rapid Growth Over 900 ft of frontage Gulf Shores Alabama

Lot 1.1

Price	£752,475	Lot Size	1.90 AC
Price Per AC	£396,040

Price	£752,475
Price Per AC	£396,040
Lot Size	1.90 AC

South Lot Subject to Subdivision Approval, Priced at $12.50 PSF

Lot 2

Price	£673,267	Lot Size	1.90 AC
Price Per AC	£354,351

Price	£673,267
Price Per AC	£354,351
Lot Size	1.90 AC

Center Lot Subject to Subdivision Approval, Priced at $10.50 PSF

Lot 3

Price	£950,495	Lot Size	6.00 AC
Price Per AC	£158,416

Price	£950,495
Price Per AC	£158,416
Lot Size	6.00 AC

North Lot Subject to Subdivision Approval, Priced at $7.00 PSF

Description

High Traffic Counts, Great Visibility, Existing Curb Cuts with Shared access on Gulf Shores Parkway and Coastal Gateway Blvd in Rapid Growth Gulf Shores, Alabama. Over 900 ft of frontage, adjacent to Cumberland Farms C Store, Carwash, Sabbaro, & Burger King. Ground Lease, Build to Suit and Purchase options available with potential owner finance. Owner willing to subdivide into 3 sites suitable for Hotel, QSR, Dine In, Retail. Uses allowed by Right under current Zoning. Road 8.

PROPERTY TAXES

Parcel Number	61-05-21-3-001-004.003	Improvements Assessment	£0
Land Assessment	£266,772	Total Assessment	£266,772

PROPERTY TAXES

Parcel Number

61-05-21-3-001-004.003

Land Assessment

£266,772

Improvements Assessment

£0

Total Assessment

£266,772

zoning

Zoning Code	General Commercial (Commercial, Retail, Hotel, Restaurant, Fast Food QSR, Dine In, Bank, Pharmacy, ect)
General Commercial (Commercial, Retail, Hotel, Restaurant, Fast Food QSR, Dine In, Bank, Pharmacy, ect)

Listing ID: 24947200
Date on Market: 31/01/2022
Last Updated:
Address: 7126 State Highway 59, Gulf Shores, AL 36542

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