Movoto Real Estate

0 E Bay Rd, Foley, AL 36535

$1,900,000
  • —

    bed

  • —

    bath

  • 49.98

    Acre ($38K/Acre)

Lot/Land for sale 10 hours

About 0 E Bay Rd

Property type Lot/Land
HOA fee $0/month
Lot size 49.98 Acre
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.
Listed by
Listing Agent - Chasity Chadwick
Listing Agent Contact: 205-534-3962
Listing Office - Wellhouse Real Estate Eastern Shore
Source: Baldwin REALTORS® mls logo
MLS#412702 • last updated 10 hours ago
Movoto checked Baldwin REALTORS® for data 7 minutes ago
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Overview
MLS # 412702
SubType Land
Type Land
Status Active
Lot Size (Acres) 49.977
HOA Fee Monthly, 0
Interior
Exterior
Lot Features Farm, Level, Land, Some Trees
Amenities / Utilities
Utilities None
Location
Waterfront No Waterfront
County Baldwin
Subdivision None
Community Features None
Elementary School Magnolia School
Middle School Foley Middle
High School Foley High
APN 60-03-30-0-000-035.000
Directions From County Road 49 South, Turn Right Onto Bay Road E. Property Is About 1 Mile Down On The Right.
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