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    Hwy 59 Loxley, AL 36551

    Sponsored
    For Sale
    $2,000,000

    3.9 Acres, High-Traffic Location, B-1A Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.9-acre commercial land parcel presents a unique investment opportunity in Loxley, Alabama. Located at the highly visible corner of Highway 59 and Interstate 10 in Baldwin County, this property boasts unparalleled access and exposure to a substantial daily traffic volume. The B-1A zoning allows for a wide range of commercial uses, making it ideal for various businesses. With a total asking price of $2,000,000, the land is priced at $512,820 per acre. The property features significant road frontage, measuring 166 feet along Highway 59 and an impressive 630 feet along Interstate 10. This prime location offers excellent visibility and is perfectly suited for a variety of commercial developments, including hotels, fast-food restaurants, gas stations, or other businesses seeking high traffic exposure. The property's strategic location and substantial size make it an attractive proposition for investors and developers seeking a high-impact commercial investment in a rapidly growing area. The zip code is 36551. This is a rare opportunity to acquire a premier commercial site in a high-demand location.

    Property Features for 0 Hwy 59

    General Information

    Property type
    Land
    Lot Size
    169,884 SF

    HighLights

    • 3.9‑acre commercial land parcel in Loxley, AL, priced at $2,000,000 ($512,820/acre).
    • High‑visibility corner lot at Highway 59 and I‑10 in Baldwin County, offering significant road frontage.
    • B‑1A zoning allows diverse commercial uses.
    • Exceptional access and exposure to high daily traffic volume.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loxley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.760415638174
    Latitude
    30.649309992157

    Nearby Comparable

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      Prime Commercial Land on Highway

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    Nearby Similar for Sale

    • $310,000
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      Former Daycare Facility in Loxley

      Former daycare facility with land and building in growing Loxley.
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    • $595,000
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      Former Restaurant on Highway 59

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      Historic Loxley Retail Building

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    FAQs

    What type of property is this?
    Land - 3.9 Acres, High-Traffic Location, B-1A Zoning
    Where is this land located?
    The property is located at Hwy 59 Loxley, AL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 3.9-acre commercial land parcel in Loxley, AL, priced at $2,000,000 ($512,820/acre).; High-visibility corner lot at Highway 59 and I-10 in Baldwin County, offering significant road frontage.; B-1A zoning allows diverse commercial uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hwy 59 Loxley, AL 36551
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