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    8437 AL-59 Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $2,700,000

    High-traffic Hwy 59 frontage, multiple parcels.

    Property size:
    342 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    309
    This exceptional commercial property boasts over 200 feet of prime frontage on Highway 59 in Foley, Alabama, offering unparalleled visibility and accessibility. The offering encompasses multiple parcels totaling approximately 9.2 acres, providing ample space for a variety of development opportunities. Currently utilized as a storage lot for boats and RVs, the property generates supplemental annual income of $4,800 from a billboard lease, expiring in 2027. The location provides convenient access via Brinks Willis Road, enhancing its versatility and appeal. This expansive site presents a unique investment opportunity in a thriving Baldwin County market. The property includes Baldwin County PPIN numbers 234180, 302986, 103171, 89198, 103170, and 275315. The asking price is $2,700,000. The property's building size is 342 square feet. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area.

    Property Features for 8437 AL-59

    General Information

    Property type
    Other retail properties
    Square Feet
    342 SF
    Price / Square Foot
    $7,894
    Elevators
    N/A
    Lot Size
    40,133 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • High‑visibility location on Hwy 59 with 200 feet of frontage.
    • 9.2 acres total, including multiple parcels and additional road access.
    • Generates annual billboard income of $4,800 (expires 2027).
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Foley
    State
    Alabama
    Longitude
    -88.096668
    Latitude
    30.676104

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    FAQs

    What type of property is this?
    Other retail property - High-traffic Hwy 59 frontage, multiple parcels.
    Where is this other retail property located?
    The property is located at 8437 AL-59 Foley, AL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: High-visibility location on Hwy 59 with 200 feet of frontage.; 9.2 acres total, including multiple parcels and additional road access.; Generates annual billboard income of $4,800 (expires 2027).
    (850) 564-0120
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    Foley, AL 36535
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    Realmo Value Estimation

    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.

    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.

    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
    8437 AL-59 Foley, AL 36535
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