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    21770 US-98 Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $795,000

    Renovated 4,716 SF Building, Excellent Location

    Property size:
    4,716 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    306
    This exceptional 4,716 square foot retail building presents a remarkable investment opportunity in Foley, Alabama. Located less than half a mile from the Foley Beach Express, this property boasts unparalleled accessibility and high visibility. Completely renovated between 2020 and 2021, the building is move-in ready, eliminating the need for costly renovations. The property sits on a 0.69-acre lot and is zoned B2 & B3, offering a wide array of potential uses. These include, but are not limited to, retail spaces, offices, warehouse facilities, and restaurants. The flexible zoning makes this property ideal for a variety of businesses seeking a prime location with high traffic potential. The recent renovations ensure a modern and efficient space, ready to accommodate a diverse range of commercial ventures. This is a rare opportunity to acquire a turn-key property in a thriving coastal Alabama market. The asking price is $795,000. Serious inquiries only.

    Property Features for 21770 US-98

    General Information

    Property type
    Other retail properties
    Square Feet
    4,716 SF
    Price / Square Foot
    $168
    Elevators
    N/A
    Lot Size
    30,102 SF

    Building Details

    Year Renovated
    2021
    Buildings
    1
    Stories
    1

    HighLights

    • Completely renovated in 2020‑2021, this move‑in ready building offers 4,716 square feet of versatile space.
    • Located less than half a mile from Foley Beach Express, ensuring high visibility and accessibility.
    • Zoned B2 & B3, allowing for diverse uses including retail, office, warehouse, and restaurant options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Foley
    State
    Alabama

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    FAQs

    What type of property is this?
    Other retail property - Renovated 4,716 SF Building, Excellent Location
    Where is this other retail property located?
    The property is located at 21770 US-98 Foley, AL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Completely renovated in 2020-2021, this move-in ready building offers 4,716 square feet of versatile space.; Located less than half a mile from Foley Beach Express, ensuring high visibility and accessibility.; Zoned B2 & B3, allowing for diverse uses including retail, office, warehouse, and restaurant options.
    (850) 564-0120
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    21770 US-98 Foley, AL 36535
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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
    21770 US-98 Foley, AL 36535
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