Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Creekside Residential Land Lot Title is generated by Realmo AI

    19157 Keller Road lot #1, Foley, AL 36535

    View on Map
    Claim this Listing
    For Sale
    $195,000

    LAND - Foley, AL

    Lot size:
    2.95 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    125
    Last Refresh:
    Jun 7 at 11:06 pm

    Property Features for 19157 Keller Road lot #1

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Outside Corp Limits
    Standard status
    Active
    APN
    61-04-17-0-001-033.000
    Lot size
    2.95 Acres

    Utilities

    Water front features
    Creek

    We can help!

    Listing Contact
    Jacki Muhle

    Listing agent Jacki Muhle License #71157-2

    Listing office Joy Sullivan Realty LLC 25020 State St, Elberta, AL

    Listing date Feb 2, 2026

    MLS# 391154 Listing URL

    Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2.95‑acre creekside lot (part of a 10‑acre parcel) recently rezoned to RSF‑1 with a minimum lot size of 30,000
    • Mature trees with an unnamed creek meandering across the north end; water is not navigable at this location
    • Proposed plat shows approx. 90% of the land is dry and mostly buildable (creek and wetlands mapped)
    • Public utilities (water, electric, sewer) available at the street
    • Preliminary subdivision approval in hand; pending modifications to the existing culvert and driveway estimated by March 10, 2026
    • Deeded easement from Lot #2 to Lots #1 & #3; seller notes a 1031 exchange participation by buyer at seller’s expense

    Overview

    This creekside residential land lot consists of 2.95 acres and is currently part of a larger 10-acre parcel under subdivision planning. The property features mature trees and a creek running along the north end; the water is not navigable at this location. A proposed plat locates the creek and wetlands and indicates that approximately 90% of the land is dry and mostly buildable. Public utilities including water, electric, and sewer are available at the street.

    The parcel is zoned Outside Corp Limits and was recently rezoned to RSF-1, with a minimum lot size of 30,000. Preliminary approval for the subdivision has been obtained, with pending modifications to the existing culvert and driveway estimated to be completed by March 10, 2026.

    For builders or buyers looking to develop a small-lot residential subdivision, this lot offers a defined acreage and a planning process already underway, including a mapped creek/wetlands impact and utility availability at the street. Buyers should conduct their own due diligence, including confirming buildability, subdivision requirements, and all details reflected in the proposed plat and approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6977972
    Latitude
    30.3413963

    Nearby Similar for Sale

    • $310,000
      3,236 SF

      Mobile Home Park Opportunity

      1.67 acre property with mobile homes and commercial laundry.
      14119 County Road 49, Foley, AL 36535
      View Details
    • $1,545,000
      1,173 SF

      Foley RV Park Opportunity

      RV park with expansion potential near Gulf Shores.
      17511 County Road 26, Foley, AL 36535
      View Details
    • $2,750,000

      Foley Land on Highway 59

      17.67 acres with frontage on Highway 59 in Foley, AL.
      19924 County Road 10, Foley, AL 36535
      View Details
    • $324,999

      Foley, AL Commercial Land

      1.95 acres of commercial land in Foley, Alabama.
      15372 S County Road 28, Foley, AL 36535
      View Details
    • $89,500

      Luxury RV Lot in Foley

      Well-maintained RV lot in Bella Terra RV Resort.
      577 Portofino Loop, Foley, AL 36535
      View Details
    • $625,000
      728 SF

      Waterfront Land with Private Dock

      Almost 10-acre waterfront parcel on Nolte Creek with private dock.
      13595 Douglas Lane, Foley, AL 36535
      View Details
    • $349,000

      Lakefront Motor Coach Resort Lot

      North-facing lakefront lot at a motor coach resort, featuring a casita, climate-controlled all-weather room, and outdoor kitchen.
      749 Lago Way lot: 130, Foley, AL 36535
      View Details
    • $129,999

      Improved RV Lot in Foley, AL

      RV lot with resort-style amenities in a gated community.
      777 Vacation Circle, Foley, AL 36535
      View Details
    • $215,000

      Motor Coach Resort Pull-Through Lot

      Pull-through resort lot with a custom casita, screened gazebo, and extended patio for guest comfort and entertaining.
      317 Portofino Loop lot: 64, Foley, AL 36535
      View Details
    • $698,000

      Foley Land with Highway Exposure

      5.7 acres with significant exposure to Foley Beach Express.
      17058 Foley Beach Expressway, Foley, AL 36535
      View Details
    • $399,900

      Fenced Land Near Gulf Coast

      19-acre fenced land parcel near Foley and Gulf Coast.
      14030 Joe Norris Lane, Foley, AL 36535
      View Details
    • $139,900

      RV Resort Lot in Planned Development

      Build-ready RV resort lot with its own electricity meter and vacation-rental allowance inside an amenity-rich community.
      3104 Truckster Lane lot: 142, Foley, AL 36535
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Creekside 2.95-acre lot with public utilities at the street and preliminary subdivision approval pending culvert and driveway work.
    Where is this residential land & home lot located?
    The property is located at 19157 Keller Road lot #1 Foley, AL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 2.95‑acre creekside lot (part of a 10‑acre parcel) recently rezoned to RSF‑1 with a minimum lot size of 30,000; Mature trees with an unnamed creek meandering across the north end; water is not navigable at this location; Proposed plat shows approx. 90% of the land is dry and mostly buildable (creek and wetlands mapped)
    (251) 752-2020
    We can help!
    Listing Contact
    Jacki Muhle
    Real Estate License ID: 71157-2
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19157 Keller Road lot: #1, Foley, AL 36535
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!