This property consists of approximately 2 +/-acres with more than 435 feet of road frontage along Highway 59. It presents a strong opportunity for commercial development, even though it is currently zoned Rural Agricultural (RA). However, the neighboring land to the north is zoned B-4, while the land to the south is zoned B-3. The lot also features a billboard that is under lease until January 2029, generating 25% of the gross income, with the lessee managing the subleasing process on an annual basis. Additionally, there is a relatively recent survey available, and all property pins are clearly marked. Buyer to verify all information during due diligence.
Listing courtesy of eXp Realty, LLC Gulf Shores Branch.
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