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    7931 al 59 Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $990,000

    High-traffic Hwy 59 acreage, ideal for business.

    Property size:
    70,691 SF

    Description

    Added:
    Feb 18, 2025
    Days on Market:
    294
    This exceptional 1.62-acre parcel is strategically located on Highway 59 in the thriving city of Foley, Alabama. Its prime location offers unparalleled visibility and accessibility for any commercial venture. The property boasts existing water and power connections, significantly reducing development costs and timelines. Zoning regulations will determine suitable uses, providing flexibility for a range of business opportunities. This rapidly developing area presents a unique investment chance for entrepreneurs seeking a high-impact location. The expansive lot size provides ample space for construction and potential expansion. With its convenient highway access and existing utilities, this property is ready for immediate development. The asking price is $990,000. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Located in Baldwin County, Alabama, with a zip code of 36535, this land presents a compelling investment opportunity in a dynamic and growing market. Further details regarding zoning and permitted uses are available upon request.

    Property Features for 7931 al 59

    General Information

    Property type
    Other land
    Square Feet
    70,691 SF
    Price / Square Foot
    $14
    Elevators
    N/A
    Lot Size
    70,567 SF

    HighLights

    • Prime 1.62‑acre parcel on Hwy 59 in rapidly growing Foley, AL.
    • Utilities (water & power) already on‑site, saving development costs.
    • Ideal location for various businesses; check zoning for permitted uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Foley
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 59 acreage, ideal for business.
    Where is this land located?
    The property is located at 7931 al 59 Foley, AL.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Prime 1.62-acre parcel on Hwy 59 in rapidly growing Foley, AL.; Utilities (water & power) already on-site, saving development costs.; Ideal location for various businesses; check zoning for permitted uses.
    (251) 948-8000
    Request Owner's contact information
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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
    7931 al 59 Foley, AL 36535
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