Lot 5- 23799 Lonnie Hadley Rd

Perdido, AL 36562 View Map $264,000 Ask a Question
Sq.Ft. Lot1,437,480
Lot 5- 23799 Lonnie Hadley Rd Perdido, AL 36562 | MLS 633524 Photo 1
Lot 5- 23799 Lonnie Hadley Rd Perdido, AL 36562 | MLS 633524 Map

Bill Sheffield Realty

(850) 384-4101

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Status: Sold
Property Type:Land/Acreage
MLS #:633524
Date Sold:3/7/2024
Lot Size:1,437,480 Sq. Ft.
County:Baldwin
The opportunity you're describing in Perdido, Alabama, certainly sounds intriguing, with a variety of potential uses and advantages for investors. Here's a breakdown of the key points: Location: The property is located in northeast Baldwin County, just 5.1 miles from I-65 Exit 45. This proximity to a major highway provides easy access to transportation and makes it convenient for various purposes. Versatile Land: The 33+/- acres of pristine timberland offer versatility for potential buyers. The land can be used for hunting, a private custom home, or single/multi-family development. Additionally, there's the possibility of purchasing additional acreage to suit specific needs, bringing the total potential acreage to 93 acres. Novelis Aluminum Plant: The nearby Novelis Aluminum recycling plant, a $2.5 billion project, is a significant development that is expected to bring economic growth and employment opportunities to the area. With over 1,000 jobs anticipated, this can have a positive impact on the region's economy. High Visibility: The property's location near I-65, with a high traffic count of 26,174 Average Annual Daily Traffic (AADT), offers excellent visibility. This makes it an attractive spot for businesses or investment opportunities. Lush Pine Timber: The land features lush pine timber in various stages of growth, making it suitable for those interested in forestry and wildlife enthusiasts. The property is known for frequently hosting deer and turkey. Availability of Utilities: The fact that power, water, and telephone utilities are readily available adds to the land's versatility. This makes it easier to develop the property for various purposes. Investment Opportunity: Whether you're looking for recreational space, land for a custom home, or a potential development project, this property seems to offer a golden opportunity. The ability to purchase all or part of the land allows for flexibility in investment.

Detailed Maps

Community Information

Address:Lot 5- 23799 Lonnie Hadley Rd, Perdido, AL 36562
County:Baldwin
City:Perdido
Zip Code:36562

School Information

High School:Local School In County
Middle School:Local School In County
Elementary School:Local School In County

Property Features

Lot Size: 33 Acres / 1,437,480 Sq. Ft.
Lot Dimensions:710x2045x775x1825
Lot Features: Wooded, Central Access, Corner Lot
Waterfront: No Waterfront, No Waterfront Features
Frontage Length: Water Frontage(0), Road Frontage(2755)
Topography: Level
Utilities: Electricity Connected, Phone Connected
Water: Public, Tap Fee Due
Road Frontage: County Road
Road Surface: Paved
Zoning:Agricultural,Business,Commercial,County,Horses Allowed,Industrial,Mobile Homes,Res Multi,Res Single,Unrestricted,High Density Mixed Use
Directions:From South Baldwin County, AL: Head NE on the most convenient route to get to AL-59 N. Merge onto AL-59 N via the ramp to Bay Minette. Continue on AL-59 N for appx. 20 mi. Merge onto I-65 North via the ramp to Montgomery. In apps. 20 mi take Exit 45 toward Perdido. Then take Exit 45 for AL-47 toward Perdido/Bay Minette. Turn right onto AL-47 N (also known as Lonnie Hadley Rd). Go 5 mi property is on the right. Safe travels!

Tax and Financial Info

Buyer Financing: Conventional
Buyer Agency Compensation: 2.4%%
Transaction Broker Compensation: 2.4%%

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 6/21/2024
Listing provided courtesy of Phd Real Estate, LLC (patty@PHDRealty.com).
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