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🏢 Just listed — Agricultural Land for sale in BAY MINETTE, AL.

📍 39207 STATE HIGHWAY 59, BAY MINETTE, AL
🏷  Agricultural Land · For Sale
💰 $797K

BAY MINETTE, AL | 41.95± ACRES | DEVELOPMENT & RECREATIONAL POTENTIAL

<ul><li>300+ ft paved frontage</li><li>No zoning/flexible development potential</li><li>Minutes from the Novelis mega-site & Baldwin County's growth corridor</li><li>0.4 mi-Holly Hills Country Club</li><li

Full financials, photos, and broker contact:
https://commrty.com/property/alabama/bay-minette/new-price-4195-acs-hwy-59-unzoned-novelis-corridor-2497339-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=new-price-4195-acs-hwy-59-unzoned-novelis-corridor-2497339

#BAYMINETTE #Land #CommercialRealEstate #CRE #Investment

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Home/AL/BAY MINETTE

39207 STATE HIGHWAY 59

BAY MINETTE, AL 36507

Asking Price

$797K

Asset Type

Agricultural Land

Class

Class B

What's Special

BAY MINETTE, AL | 41.95± ACRES | DEVELOPMENT & RECREATIONAL POTENTIAL <ul><li>300+ ft paved frontage</li><li>No zoning/flexible development potential</li><li>Minutes from the Novelis mega-site & Baldwin County's growth corridor</li><li>0.4 mi-Holly Hills Country Club</li><li>Established wildlife: deer, turkey, dove</li><li>Held in the same family for 100+ years</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

10.04%

DSCR

1.69

Strong

Cash-on-Cash

13.67%

Monthly Payment

$3,943.369

Annual Cash Flow

$32,679.578

Location & Travel Times

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