0 0 Co Rd 20 Lot B Foley, AL 36535

Exceptional 19+/- acre commercial land parcel in Foley, Alabama, presents a remarkable investment opportunity. Situated on the southwest corner of a 144-acre Planned Unit Development (PUD) at the intersection of the Foley Beach Express (FBE) and County Road 20, this property enjoys unparalleled visibility directly across from the OWA entertainment complex. The PUD zoning allows for a diverse range of uses, including mixed-use, residential, multi-family, hospitality, and other commercial developments. This prime location offers unmatched access and exposure, capitalizing on the high traffic volume and significant tourism associated with OWA. This lot (Lot B) is designated for single-family residential development and requires simultaneous purchase with an adjacent lot (Lot A) to facilitate the construction of an access road. The seller will escrow funds at closing to cover the road construction costs. Furthermore, both parcels will be subdivided from a larger lot (Lot 1A) concurrently with the buyers' application for preliminary site plan approval. All measurements should be independently verified. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with exceptional development potential.