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27006 Canal Road - Development tract on Terry Cove, Orange Beach, AL

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27006 Canal Road - Development tract on Terry Cove

Orange Beach, AL 36561 - Baldwin County Submarket

Property Type:Land Parcel Size:23.37 Acres
For Sale Price:$33,000,000 Price/Acre:$1,412,067 Price/SF:$32.42

Proposed Use:-

On-Site Improv:-

Sale Notes:
23.96 +/-, "Prime Acres" located on Terry Cove in Orange Beach, Alabama. Property is currently zoned MR (Marine Resort). One of the largest remaining development tracts on Terry Cove, offers direct access to the Gulf of Mexico, apprx. 850/ft of shoreline frontage w/ improvements such as bulk head, dredging, etc. Owner maintains riparian rights easement w/ State-Owned Submerged Lands Permit (allows for approx.108 boat slips). Orange Beach, Alabama is a popular vacation destination attracting over one million tourists annually for fishing,boating, swimming, dining and annual festivals and events. Site is centrally located to all attractions and minutes shopping and signature golf courses.

From I-10 east of Mobile Alabama, take the Loxley exit go south on Hwy 59, take left and continue south of the Foley Beach express to the end, take left on State Hwy 180/canal road. Turn right on Griffith Marina or Captain Trent Lane. Both roads run into this property.

Ergon Properties, Inc.
Jim DeFoe
(601) 933-3344

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