59 Hwy Loxley, AL 36551
This exceptional 7.55-acre commercial land parcel presents a prime development opportunity in Baldwin County, Alabama. Strategically located at the intersection of Highway 59 and Rawls Road, this property boasts high visibility and significant traffic volume. A recent traffic count revealed 130 vehicles in the southbound lane during a 10-minute period on a Wednesday afternoon, with considerably higher traffic expected during peak seasons and holidays. The land is already cleared and has undergone both surveying and perc testing, streamlining the development process. Zoned for commercial use, this site is ideally suited for a variety of ventures, including a storage facility or retail storefront. Its proximity to Gulf Shores (less than 25 miles) further enhances its appeal, offering access to a thriving tourism market. The property's location on a four-lane Highway 59 provides excellent accessibility and exposure. Potential uses could also include a truck stop. The parcel's APN is 05-42-06-24-0-000-007.000. The asking price is $899,000. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial property in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.