0 E Bay RoadFoley, AL 36535

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.

Property Information

Property type

Land

Lot size

49.98 acres

Days on market

1

MLS^® Listing#

412702

Property Features

Lot features

Farm · Level · Few Trees

Community

None

Utilities

None

Schools

Elementary

Magnolia School

Middle

Foley Middle

High

Foley High

Financial Details

HOA

None

Annual taxes

$5,194

Parcel number

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.