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    10890 Magnolia Springs Hwy Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $345,000

    4.28 acres, high-growth area, $345,000

    Property size:
    186,537 SF

    Description

    Added:
    Feb 14, 2025
    Days on Market:
    298
    This exceptional 4.28-acre parcel is strategically located on Magnolia Springs Highway in Foley, Alabama, offering significant development potential. Priced at $345,000 ($80,607 per acre), this property presents a compelling investment opportunity in a rapidly expanding region. Its prime location provides easy access and proximity to key commercial and residential areas, making it suitable for a variety of uses, including commercial, residential, or mixed-use development. The ample acreage allows for substantial building plans, catering to diverse project scopes. This versatile land presents a unique chance to capitalize on Foley's growth trajectory. The property's address is 10890 Magnolia Springs Hwy, Foley, AL 36535, within Baldwin County. Serious inquiries are encouraged to explore the possibilities this land offers. The lot size is 4.28 acres.

    Property Features for 10890 Magnolia Springs Hwy

    General Information

    Property type
    Other land
    Square Feet
    186,537 SF
    Price / Square Foot
    $1.85
    Elevators
    N/A
    Lot Size
    186,437 SF

    HighLights

    • 4.28 acres of prime land in Foley, Alabama, on Magnolia Springs Hwy.
    • $345,000 asking price; $80,607 per acre.
    • Ideal for commercial, residential, or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Gym & Fitness Garden Center

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

    Location Insight

    City
    Foley
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - 4.28 acres, high-growth area, $345,000
    Where is this land located?
    The property is located at 10890 Magnolia Springs Hwy Foley, AL.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 4.28 acres of prime land in Foley, Alabama, on Magnolia Springs Hwy.; $345,000 asking price; $80,607 per acre.; Ideal for commercial, residential, or mixed-use development.
    (251) 981-2400
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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
    10890 Magnolia Springs Hwy Foley, AL 36535
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