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7126 State Highway 59
Gulf Shores, AL 36542

Commercial Land Hotel, Retail, QSR, Dine In · Land For Sale · 19.80 AC

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Executive Summary

Sale, Ground Lease, Potential Build to Suit, and Creative Finance Options available. Priced PSF $7.00 to $12.50

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Build to Suit	Proposed Use	Commercial Retail Fast Food Hotel Restaurant
No. Lots	4	Total Lot Size	19.80 AC
Property Type	Land

Sale Type	Investment
Sale Conditions	Build to Suit
No. Lots	4
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Fast Food Hotel Restaurant
Total Lot Size	19.80 AC

4 Lots Available

Lot

Price	$3,555,325 CAD	Lot Size	10.00 AC
Price Per AC	$355,532 CAD

Price	$3,555,325 CAD
Price Per AC	$355,532 CAD
Lot Size	10.00 AC

High Traffic Counts, Great Visibility, Existing Curb Cuts with Shared access on Gulf Shores Parkway and Coastal Gateway Blvd in Rapid Growth Over 900 ft of frontage Gulf Shores Alabama

Lot 1.1

Price	$1,351,023 CAD	Lot Size	1.90 AC
Price Per AC	$711,065 CAD

Price	$1,351,023 CAD
Price Per AC	$711,065 CAD
Lot Size	1.90 AC

South Lot Subject to Subdivision Approval, Priced at $12.50 PSF

Lot 2

Price	$1,208,810 CAD	Lot Size	1.90 AC
Price Per AC	$636,216 CAD

Price	$1,208,810 CAD
Price Per AC	$636,216 CAD
Lot Size	1.90 AC

Center Lot Subject to Subdivision Approval, Priced at $10.50 PSF

Lot 3

Price	$1,706,556 CAD	Lot Size	6.00 AC
Price Per AC	$284,426 CAD

Price	$1,706,556 CAD
Price Per AC	$284,426 CAD
Lot Size	6.00 AC

North Lot Subject to Subdivision Approval, Priced at $7.00 PSF

Description

High Traffic Counts, Great Visibility, Existing Curb Cuts with Shared access on Gulf Shores Parkway and Coastal Gateway Blvd in Rapid Growth Gulf Shores, Alabama. Over 900 ft of frontage, adjacent to Cumberland Farms C Store, Carwash, Sabbaro, & Burger King. Ground Lease, Build to Suit and Purchase options available with potential owner finance. Owner willing to subdivide into 3 sites suitable for Hotel, QSR, Dine In, Retail. Uses allowed by Right under current Zoning. Road 8.

PROPERTY TAXES

Parcel Number	61-05-21-3-001-004.003	Improvements Assessment	$0 CAD
Land Assessment	$478,973 CAD	Total Assessment	$478,973 CAD

PROPERTY TAXES

Parcel Number

61-05-21-3-001-004.003

Land Assessment

$478,973 CAD

Improvements Assessment

$0 CAD

Total Assessment

$478,973 CAD

zoning

Zoning Code	General Commercial (Commercial, Retail, Hotel, Restaurant, Fast Food QSR, Dine In, Bank, Pharmacy, ect)
General Commercial (Commercial, Retail, Hotel, Restaurant, Fast Food QSR, Dine In, Bank, Pharmacy, ect)

Listing ID: 24947200
Date on Market: 2022-01-31
Last Updated:
Address: 7126 State Highway 59, Gulf Shores, AL 36542

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