7126 Highway 59 $1,999,000

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    7126 Highway 59 Gulf Shores, AL 36542

    • 10.00 Acres
    • Lots and Land
    • MLS# 313002
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    Views: 355 Days On Site: 151

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    Property Details

    Description Tours

    Perfect for Mixed Use Development, Directly North of the New Tom Thumb, Burger King, Pizza Hut, and Car Wash, with dedicated Shared Easements. Over 900 Foot of Frontage on Hwy 59. Zoned Business Commercial, Annexed into the City of Gulf Shores, Major Road improvements Approved for County Road 8 Coastal Connection. High Traffic Counts and Great Visibility make this one of the most attractive properties on Hwy 59. Auburn Sat Campus Located on East End of Co Rd 8. See attached Docs for Allowable Uses. Can build up to 8 Stories with up to 85% max surface coverage ratio.

    • General Features
      • Area Gulf Shores 1
      • Association Fees 0
      • County Baldwin
      • Property Taxes 12,148
      • Property Type Land
      • Terms of Sale Cash, Conventional
    • Building Features
      • Boat Facilities None
      • Community Amenities None
    • Property Features
      • Apx Acreage 10
      • Lot Size 938x482
      • Lot Description 5-10 acres, Some Trees
      • Utilities Gas-Natural, Sewage-City, Water-City
      • Lot Type Other-See Remarks
      • Water Property Type No Waterfront

    Contact

    Terri Onderdonk

    Terri Onderdonk

    REALTOR

    RE/MAX Of Orange Beach

    Direct: 251-209-0007
    Supporting Childrens Miracle Network

    Neighborhood

    36542 (Gulf Shores) Demographics

    49 Median Age
    257 Population Density (per sq. mile)
    42% College Educated
    $51,138 Estimated Median Income
    3,371 Estimated Total Home Owners
    2,396 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    13,494 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $386,500 Median Sales Price
    163 Homes Sold
    148 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,999,000
        6/2/2021 2:16:40 PM Price Reduced Source: Multiple Listing Service New Value: $1,999,000 -0.05%
        4/26/2021 2:17:00 PM New in Database Source: Multiple Listing Service New Value: $2,000,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Baldwin REALTORSĀ® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.