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    Al- Us Hwy 59 Loxley, AL 36551

    Sponsored
    For Sale
    $615,000

    High-visibility lot, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.59-acre commercial lot in Loxley, Alabama, presents a remarkable investment opportunity. Boasting 218 feet of direct road frontage on Highway 59, this property offers unparalleled visibility from the I-10 corridor, ensuring high traffic exposure for any business. The lot is conveniently located in Baldwin County, one of the fastest-growing counties in the nation, and within Loxley's burgeoning logistics and distribution hub. Its flat, cleared terrain and readily available utilities simplify development. The property is zoned B-1, and is one of six available lots; four are zoned B-1 on Hwy 59, and two are zoned M-1 on Hwy 49. This prime location benefits from proximity to major businesses, including the Ace Hardware Distribution Center, the new Aldi Distribution Center, Imperial Dade and Home Depot warehouses, and more. The new Baldwin County Preparatory School is also nearby. The site's adjacency to Speedway and Love's Truck Stops further enhances its appeal. Highway 59 provides easy access to Alabama's beaches and Gulf fishing. Note that Lot 5 is currently under contract. All information should be independently verified by the buyer. The asking price for this exceptional property is $615,000.

    Property Features for 0 Al- Us Hwy 59

    General Information

    Property type
    Land
    Lot Size
    69,260 SF

    HighLights

    • $615,000 asking price for 1.59 acres of commercial land.
    • B1 zoning.
    • High visibility from I‑10 and direct frontage on Hwy 59 in Loxley, Alabama.
    • Utilities available; flat, cleared lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loxley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.761173974919
    Latitude
    30.658501478979

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal for business.
    Where is this land located?
    The property is located at Al- Us Hwy 59 Loxley, AL.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: $615,000 asking price for 1.59 acres of commercial land.; B1 zoning.; High visibility from I-10 and direct frontage on Hwy 59 in Loxley, Alabama.
    Request Owner's contact information
    Al- Us Hwy 59 Loxley, AL 36551
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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
    Al- Us Hwy 59 Loxley, AL 36551
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