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27618 US Highway 98
Elberta, AL 36530

$4,445,840

Listing #250545
Ideal opportunity for investors and developers! Two adjacent parcels of land total 186.8 acres and includes ingress and egress from US Hwy 98 & Baldwin County Rd 95. The first 177 acre tract boasts 1,040' of road frontage on Hwy 98, and the second 9.8 tract provides 380' of road frontage on CR 95. It's located near Barber Marina (a world-class marina) and Soldiers Creek Golf Course (non-residential). This land of opportunity is not located in a flood zone and already has 3-phase power, septic tanks (city sewage available), 3 wells, 2 ponds and 1 lake. Being currently used as farmland, there are irrigation and drainage systems already in place. Elberta is a small town on the verge of becoming a lot larger. Fueling its growth is a new high school currently under construction, along with future plans to build a sports facility for it and the community. The Poarch Creek Indian's development, OWA, located approx. 7.6 miles away, makes this development opportunity even more merit worthy.
Property Features
Location Information
County: Baldwin
MLS Area: Elberta 1
Subdivision: Elberta
Directions: From Hwy 59, turn east onto Hwy 98. Continue approx. 7.8 miles and the property will be located on your right hand side. To get to the adjacent parcel, continue east on Hwy 98 to County Rd 95. Take a right on County Rd 95, the property will be located appr
Exterior Features
Utilities: Other-See Remarks, Sewage-City Available, Sewage-Septic, Water-Well
Lot Description: 100+ acres, Irregular-See Remarks, Level, Some Trees, Other-See Remarks
Number of Lots: 0
Lot Size in Acres: 186.8
Best Use: Agricultural
Zoning: Outside Corp Limits, Other-See Remarks
Documents Available: None
Mineral Rights: Unknown
Road Frontage: 1370
Waterfront Description: Lake Accs (Wlk <=1/4 Mi), Other-See Remarks
Boat Facilities: None
School
Elementary School: Elberta Elementary
High School: Foley High
Additional Information
Property Type: LL
Property SubType: Land
Property SubType 2: 5308270000004000
Status: Active
Amenities: None


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of RE/MAX Paradise
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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) program of the Baldwin County Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Baldwin County data last updated at October 18, 2017 5:17 PM CT

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