$4,445,840
186.8 acres
30.4085 -87.5554
FOR SALE

27618 US Highway 98 Elberta, AL 36530

$4,445,840
Est. Monthly $19,470 with $430 in taxes recalculate
186.8 acres
 

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CENTURY 21 Meyer Real Estate
1585C Gulf Shores Parkway
Gulf Shores, AL 36542
251.­967.2121
251.­967.2121
CENTURY 21 Meyer Real Estate
1585C Gulf Shores Parkway Gulf Shores, AL 36542
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27618 US Highway 98
Elberta, AL 36530

Explore This Property

Other Residential - Ideal opportunity for investors and developers! Two adjacent parcels of land total 186.8 acres and includes ingress and egress from US Hwy 98 & Baldwin County Rd 95. The first 177 acre tract boasts 1,040' of road frontage on Hwy 98, and the second 9.8 tract provides 380' of road frontage on CR 95. It's located near Barber Marina (a world-class marina) and Soldiers Creek Golf Course (non-residential). This land of opportunity is not located in a flood zone and already has 3-phase power, septic tanks (city sewage available), 3 wells, 2 ponds and 1 lake. Being currently used as farmland, there are irrigation and drainage systems already in place. Elberta is a small town on the verge of becoming a lot larger. Fueling its growth is a new high school currently under construction, along with future plans to build a sports facility for it and the community. The Poarch Creek Indian's development, OWA, located approx. 7.6 miles away, makes this development opportunity even more merit worthy.
MLS # 250545
Courtesy Of RE/MAX Paradise

Property Features

  • Architecture Style: Other
  • Lot Size: 186.8 Acres
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $19,470Your estimated monthly payment
    $889,16820% Down Payment
    $4,445,840 $4,001,256 $430
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    ELBERTA MIDDLE SCHOOL
    Grades 4-8 | Public School

    ELBERTA, AL 36530
    13355 MAIN ST
    251-986-8127
    2.7
    miles

    Total Students 580
    Student Teacher Ratio 14:1

    School Rating

    4 stars View School Details
    Middle School
    ELBERTA MIDDLE SCHOOL
    Grades 4-8 | Public School

    ELBERTA, AL 36530
    13355 MAIN ST
    251-986-8127
    2.7
    miles

    Total Students 580
    Student Teacher Ratio 14:1

    School Rating

    4 stars View School Details
    High School
    FOLEY HIGH SCHOOL
    Grades 9-12 | Public School

    FOLEY, AL 36535
    1 PRIDE PL
    251-943-2221
    8.1
    miles

    Total Students 1886
    Student Teacher Ratio 18:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Elberta Elementary School 1.8 mi Public K-3
    Good Shepherd Lutheran Elementary School 2.6 mi Private PRESCHOOL-PRESCHOOL
    St. Benedict School 2.7 mi Catholic PRESCHOOL-8

    Local Area Information for Elberta, AL 36530

    Median Age: 44.8
    Married: 42.3%
    Number of Households: 2,988
    Households with Children: 620
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.