This property fronts on U.S. Highway 31, just 11 miles North of I-10 and 8 miles South of Bay Minette across from the Holly Hills Country Club. The Multi Use tract lies on rolling terrain with pine timber and a 16 acre lake. Utilities are provided by North Baldwin Utilities for water and Baldwin County Sewer Service. The property is located 52 miles from Pensacola, 25 miles from Mobile, and 43 miles from Orange Beach.
The great location of this property, being between Mobile and Pensacola, affords the property a higher and better use than its current timberland status. Recently, a 413 acre parcel just south of the subject property was approved for a development that includes over 1,000 homes and apartments, retail space, and even a dog park. This comes at no surprise with the growth trend of the Mobile and Baldwin County economy. According to a new forecast by Moody's Economy, Mobile...
The great location of this property, being between Mobile and Pensacola, affords the property a higher and better use than its current timberland status. Recently, a 413 acre parcel just south of the subject property was approved for a development that includes over 1,000 homes and apartments, retail space, and even a dog park. This comes at no surprise with the growth trend of the Mobile and Baldwin County economy. According to a new forecast by Moody's Economy, Mobile County will have the fastest growing economy over the next five years among all 363 American metropolitan areas, growing 34.31 percent from 2007 through 2012.
The property would be ideal for a residential gated community. Home prices have held up better in Alabama and along the Gulf Coast than nationwide. Prices rose 5.5% in Mobile County and 4.5% statewide last year according to federal data.
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