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OFF-MARKET
Land

23799 Lonnie Hadley Rd Perdido, AL 36562

Property ID
Property summary
AI-generated overview

Explore this unique opportunity! 40+/- acres of pristine timberland in Perdido, Alabama, located in the northeast Baldwin County. Home builders dream! The property comprises of 2 parcels, 20 acres each with lush pine timber in various stages of growth. It's a haven for wildlife enthusiasts, with deer and turkey frequently spotted. Utilities like power, water, and telephone are readily available, making this land versatile for various uses. Situated just 5.1 miles from I-65 Exit 45, this property offers a prime location to have your own hunting retreat, private custom home, or single/multi family development. Plus, it's not far from the South Alabama Megasite, a 3,000-acre certified site that offers businesses the opportunity to benefit from the excellent transportation links and shovel-ready industrial sites. Here's the exciting part – the new Novelis Aluminum recycling plant nearby brings tremendous advantages to North Baldwin County, AL. The Atlanta-based Novelis is building a New, Low-Carbon, $2.5 Billion Aluminum Plant that is the first of its kind and first fully integrated, U.S. mill built in 40 years. Set up to employ over +1000 jobs. This development promises growth and opportunities for the area. With a remarkable high traffic count of 26,174 Average Annual Daily Traffic (AADT) on I-65, this location offers unparalleled visibility, making it a prime spot for your business or investment endeavors. The property comprises of 2 parcels, 20 acres each with lush pine timber in various stages of growth. It's a haven for wildlife enthusiasts, with deer and turkey frequently spotted. Utilities like power, water, and telephone are readily available, making this land versatile for various uses. Whether you're looking for recreational space or considering development, this is a golden opportunity. You can purchase all or part of this fantastic property. Don't miss out on this chance to invest in a promising location!

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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