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    20750 Miflin Rd Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $399,900

    High-visibility Foley commercial lot, owner financing.

    Property size:
    56,192 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    305
    This exceptional 1.29-acre commercial lot presents a remarkable investment opportunity in the rapidly growing city of Foley, Alabama. Located on Miflin Road, this property boasts 30 feet of frontage on County Road 20, providing unparalleled visibility and accessibility. Its strategic position between Highway 59 and the Foley Beach Express ensures consistent high traffic volume. The lot is situated in a thriving commercial area, adjacent to established businesses including a new Grand Riviera RV Resort and Las Colinas Townhomes, and soon to be joined by a Publix, Holiday Inn, and Creekside Go Cart Speedway. This prime location offers limitless potential for various commercial developments, thanks to its B-2 zoning. Foley's booming economy, driven by significant ongoing projects and over 8 million annual visitors, makes this an ideal time to capitalize on this exceptional opportunity. The property's size is 1.29 acres. Owner financing is available to qualified buyers. All information should be independently verified by the buyer.

    Property Features for 20750 Miflin Rd

    General Information

    Property type
    Other land
    Square Feet
    56,192 SF
    Price / Square Foot
    $7
    Elevators
    N/A
    Lot Size
    56,192 SF

    HighLights

    • 1.29‑acre commercial lot in Foley, AL, with 30 ft of Miflin Rd frontage.
    • High‑visibility location near OWA, Publix, and major roadways.
    • B‑2 zoning allows diverse development options; owner financing available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    State
    Alabama
    Longitude
    -88.084771
    Latitude
    30.677066

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    FAQs

    What type of property is this?
    Land - High-visibility Foley commercial lot, owner financing.
    Where is this land located?
    The property is located at 20750 Miflin Rd Foley, AL.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: 1.29-acre commercial lot in Foley, AL, with 30 ft of Miflin Rd frontage.; High-visibility location near OWA, Publix, and major roadways.; B-2 zoning allows diverse development options; owner financing available.
    (850) 564-0120
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    20750 Miflin Rd 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
    20750 Miflin Rd Foley, AL 36535
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