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    2011 S Mckenzie St Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $1,395,000

    High-traffic location, flexible options.

    Property size:
    3,040 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    306
    This 3,040 square foot former carwash is situated on 1.32 acres of land at 2011 S McKenzie St, Foley, AL 36535. Its excellent location on Highway 59, between Foley and Gulf Shores, ensures high visibility and accessibility. The property presents a unique investment opportunity with several potential development paths. The seller is open to discussions regarding a build-to-suit arrangement, remodeling the existing structure for lease, or a straightforward ground lease. This flexibility allows for a wide range of uses and development strategies, catering to various business plans and investment preferences. The property's size and location make it an attractive prospect for entrepreneurs and investors seeking a high-traffic commercial space in a rapidly growing area. The 3,040 square feet of existing building provides a solid foundation for redevelopment or repurposing. Serious inquiries are encouraged to explore the possibilities of this versatile commercial property.

    Property Features for 2011 S Mckenzie St

    General Information

    Property type
    Other retail properties
    Square Feet
    3,040 SF
    Price / Square Foot
    $458
    Elevators
    N/A
    Net Rentable
    3,040 SF
    Lot Size
    57,384 SF

    Building Details

    Year Built
    2014
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Foley location on Highway 59, between Foley and Gulf Shores.
    • 3,040 square foot building on a 1.317 acre lot.
    • Owner open to build‑to‑suit, remodel, or ground lease options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Zippy's Car Wash Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    State
    Alabama
    Longitude
    -87.682746
    Latitude
    30.385184

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    FAQs

    What type of property is this?
    Other retail property - High-traffic location, flexible options.
    Where is this other retail property located?
    The property is located at 2011 S Mckenzie St Foley, AL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: Prime Foley location on Highway 59, between Foley and Gulf Shores.; 3,040 square foot building on a 1.317 acre lot.; Owner open to build-to-suit, remodel, or ground lease options.
    (850) 564-0120
    Request Owner's contact information
    2011 S Mckenzie St 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
    2011 S Mckenzie St Foley, AL 36535
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