50 ACRES WITH EXCEPTIONAL INCOME-PRODUCING POTENTIAL! A rare investment opportunity featuring approximately 50 acres with local and state permits in place for operation as a dirt pit. According to an engineering estimate, the property contains nearly 4 million cubic yards of potentially excavatable material across 41.3 mineable acres. With substantial estimated material volume and existing permits, this property presents an exciting opportunity for investors, contractors, and excavation operators looking to establish an income-producing operation in Baldwin County.Beyond its potential as a dirt pit, the property is currently unzoned, offering flexibility for a variety of alternative uses. Imagine creating a private 50-acre estate, an equestrian property, or a family homestead with room to spread out. For developers, the acreage also presents an opportunity to explore a residential community. Whether your vision is to capitalize on the property's natural resources, develop the land, or create a private retreat, this unique property offers exceptional versatility and investment potential in Magnolia Springs, Alabama.Engineering estimates are projections and do not guarantee recoverable or marketable material quantities or profitability. Buyer to verify all information during due diligence.
Listed By
Agency Name: Wellhouse Real Estate Eastern Shore
Agency Phone: 251-709-2233
Shown By
Agent Name: George Haughton
Agent Phone: (251) 948-5555
Agency Title: Bellator Real Estate
Estimated Payment
$ 10,100.08 per month $9,113.17 Principal & Interest $432.75 Property Tax $554.17 Homeowner's InsuranceSend an email with a link to
0 E Bay Road, Foley, AL 36535.
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0 E Bay Road, Foley, AL 36535.
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0 E Bay Road | MLS# 412702
This land located at 0 E Bay Road, Foley, AL 36535 is currently listed for sale with an asking price of $1,900,000. The property has approximately 49.98 Acres. Search Foley real estate on www.georgehaughton.com today.