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    19016 County Rd 20 Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $4,795,000

    Prime acreage, Foley, AL; ideal development.

    Property size:
    1,548,334 SF

    Description

    Added:
    Feb 19, 2025
    Days on Market:
    293
    This exceptional 35.5-acre property presents a unique investment opportunity in Foley, Alabama. Strategically located west of Highway 59 and directly on County Road 20, this expansive land parcel offers significant development potential. The property comprises four contiguous parcels totaling 35.54 acres, with individual parcel sizes of 16 acres, 6.5 acres, 6.5 acres, and 6.5 acres. Currently zoned for single-family residential and agricultural use, this land provides flexibility for a variety of development projects. Its flat terrain simplifies construction and enhances usability. The property's advantageous location borders Shadow Lake Townhomes, offering proximity to existing residential development. Furthermore, its designation within the Foley Opportunity Zone presents attractive tax incentives for qualified investors. This prime acreage is priced at $4,795,000 and represents a compelling investment in a rapidly growing area of Baldwin County. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.

    Property Features for 19016 County Rd 20

    General Information

    Property type
    Other land
    Square Feet
    1,548,334 SF
    Price / Square Foot
    $3
    Elevators
    N/A
    Lot Size
    1,548,122 SF

    HighLights

    • 35.5 acres of prime, flat land ideal for development.
    • Four parcels totaling 35.54 acres, zoned for residential and agricultural use.
    • Located in Foley's Opportunity Zone, near Hwy 59 and CR 20, bordering Shadow Lake Townhomes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

    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 - Prime acreage, Foley, AL; ideal development.
    Where is this land located?
    The property is located at 19016 County Rd 20 Foley, AL.
    What is the asking price?
    The asking price for this property is $4,795,000.
    What are key features of this property?
    This property features: 35.5 acres of prime, flat land ideal for development.; Four parcels totaling 35.54 acres, zoned for residential and agricultural use.; Located in Foley's Opportunity Zone, near Hwy 59 and CR 20, bordering Shadow Lake Townhomes.
    (251) 980-9031
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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
    19016 County Rd 20 Foley, AL 36535
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