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$850,000
410186 MLS
Prime General Business Zoned Corner Parcels – Elberta, Alabama Position your business or investment along a highly traveled thoroughfare in one of Baldwin County’s flourishing communities! These desirable corner parcels are zoned General Business, offering an excellent opportunity for commercial development, investment, or an owner-user seeking a strategic location in Elberta, Alabama, an advancing town located in between Pensacola, Florida and South/Central Baldwin County, Alabama near Foley. The front two parcels feature approximately 197+/- feet of frontage along Highway 98/State Street, providing excellent visibility, accessibility, and exposure. Currently, there are two structures located on the two front parcels fronting State Street, offering potential existing improvements for an investor or owner-user, subject to applicable zoning, building, and land-use requirements. Additional adjacent parcels may also be available for acquisition, creating an opportunity to assemble a larger tract totaling approximately 2.38+/- acres. The parcels fronting Pine Street are currently zoned R2- Medium Density Residential, offering additional potential for an investor or developer seeking to acquire multiple contiguous parcels and maximize the property's overall potential, subject to applicable zoning and land-use requirements. Elberta continues to evolve as a growing community, while Baldwin County remains one of Alabama’s most dynamic markets for development and investment. Don’t miss this opportunity to secure your piece of paradise, just minutes to the sandy shores of the Alabama Gulf Coast. Buyer to verify all information during due diligence.

24908 State St, Elberta

$990,000
409142 MLS
Income-producing mobile home park investment opportunity in Elberta, Alabama! Located at 10035 County Road 83, this property features 12 existing lots with 11 older mobile homes currently in place. Most homes are 2-bedroom, 1-bath units, with one 2-bedroom, 2-bath home and one 3-bedroom, 2-bath home. Parcel is zoned R-3 and is over 3.5 acres. The property is currently generating nearly $10,000 per month in gross rental income, with significant upside potential. With improvements, renovations, and active management, the property has the potential to generate approximately $13,000 per month in gross revenue. One additional home located on the 12th lot requires major renovation, presenting another value-add opportunity. The parcel also offers potential room to develop up to two additional lots, subject to buyer verification, zoning, permitting, utility availability, and any required approvals. Operating costs are currently low. A well provides water to all units, with an approximate $125 per month electric cost to operate the well. The homes are served by septic tanks, and a trash dumpster is provided for tenants at an approximate cost of $300 per month. Current property taxes and annual mobile home tag renewals are also low. No insurance is currently carried on the mobile homes. Conveniently located in the growing Elberta/Foley area and within easy reach of Baldwin County's beaches, shopping, dining, and employment centers, this property offers an excellent opportunity for an investor seeking immediate cash flow with substantial upside potential. The older mobile homes provide opportunities for renovation, improved management, and increased rental income. Please do not access property without an appt. Buyer to verify all information deemed important during due diligence, including income, expenses, occupancy, lot capacity, zoning, utilities, septic systems, property taxes, tag costs, insurance requirements, condition of improvements, and development potential. Buyer to verify all information during due diligence.

10035 County Road 83, Elberta

$2,480,000
393607 MLS
Discover an exceptional opportunity with this expansive 39-acre property, strategically zoned as M1 for light industrial use. Ideally suited for a variety of industrial and commercial applications, this property is equipped with two robust metal shops and a versatile modular office, providing immediate functionality for your business operations. The land is thoughtfully divided into five distinct lots, offering flexibility for development or investment. Each lot can be tailored to meet specific business needs, whether for manufacturing, warehousing, distribution, or other light industrial activities. The seller is open to discussing the sale of individual lots at competitive pricing, presenting a unique opportunity to customize your investment.This property not only promises ample space for expansion but also strategic advantages in terms of location and infrastructure. Explore the potential of this prime industrial site, perfect for both established enterprises and innovative startups seeking a dynamic new home. Please see attached documents for more information. Buyer to verify all information during due diligence.

12574 County Road 87, Elberta

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