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    Fielding Commercial Drive Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $109,900

    Prime 0.88-acre lot, ideal for development.

    Property size:
    38,314 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    307
    This exceptional 0.88-acre commercial lot presents a compelling investment opportunity in Foley, Alabama. Located on Fielding Commercial Drive, this property is zoned for business/commercial use, offering versatile development potential for retail, office, or mixed-use projects. Its strategic location within a designated Opportunity Zone provides significant tax advantages for investors, potentially reducing their tax burden and enhancing returns. Financing options are available, making this property more accessible to a wider range of buyers. The lot is ready for development, with construction commencement possible starting January 29th, 2025. This presents a unique chance to capitalize on the growth potential of Foley, Alabama, and establish a thriving business in a dynamic location. The property's size and zoning make it suitable for a variety of commercial ventures, catering to diverse business needs and maximizing investment returns. The availability of financing further enhances the attractiveness of this opportunity, simplifying the acquisition process and making it a more viable option for prospective developers. Don't miss this chance to secure a prime commercial lot in a thriving area with substantial tax benefits.

    Property Features for Fielding Commercial Drive

    General Information

    Property type
    Other land
    Square Feet
    38,314 SF
    Price / Square Foot
    $2
    Elevators
    N/A
    Lot Size
    38,333 SF

    HighLights

    • Prime 0.88‑acre commercial lot in Foley, Alabama, ideal for retail or office development.
    • Located in a designated Opportunity Zone, offering potential tax advantages.
    • Development‑ready from January 29, 2025; financing options available.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Foley
    State
    Alabama
    Longitude
    -88.190092
    Latitude
    30.657755

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    FAQs

    What type of property is this?
    Land - Prime 0.88-acre lot, ideal for development.
    Where is this land located?
    The property is located at Fielding Commercial Drive Foley, AL.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: Prime 0.88-acre commercial lot in Foley, Alabama, ideal for retail or office development.; Located in a designated Opportunity Zone, offering potential tax advantages.; Development-ready from January 29, 2025; financing options available.
    (850) 564-0120
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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
    Fielding Commercial Drive Foley, AL 36535
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