E Bay Rd, Foley, AL 36535

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List Price
$1,900,000
Status
ACTIVE
MLS#
412702
Acres
49.98
County
Baldwin
Region
Baldwin
Legal Description
50 Ac(C) Beg At The Sw Cor Of Lot 7 Noltie Creek Estates Th Sely 754, Th Sely 1776, Th Ely 730, Th Nw 1816, Th Ne 550, Th Nw 1049, Th Sw 1010 To Pob Gr Sec 30-T8s-R3e

Property Description

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.

Additional Information

Elementary School
Magnolia School
Middle School
Foley Middle
High School
Foley High

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Listing courtesy of Wellhouse Real Estate Eastern Shore.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .