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    1 Pine St Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $1,100,000

    Exceptional development opportunity near major retailers.

    Property size:
    361,548 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    291
    This expansive 8.3-acre parcel presents a remarkable investment opportunity in Foley, Alabama. Strategically located at the southwest corner of Pine Street and Park Avenue, this property enjoys high visibility and convenient access to a thriving retail corridor. Its proximity to established residential areas, including both multi-family and single-family communities, ensures a strong potential customer base for any future development. Within a mile radius, you'll find major retailers such as Walmart, Publix, Academy Sports + Outdoors, and the Tanger Outlets, providing immediate access to a significant consumer demographic. The substantial lot size offers considerable flexibility for a variety of commercial or residential projects, making it an ideal site for developers seeking a prime location in a rapidly growing area. The property's address is 1 Pine St, Foley, AL 36535, and is zoned for commercial use (verification of zoning is recommended). This exceptional location and ample acreage combine to create a truly unique investment opportunity in the heart of Foley. The asking price is $1,100,000.

    Property Features for 1 Pine St

    General Information

    Property type
    Other land
    Square Feet
    361,548 SF
    Price / Square Foot
    $3
    Elevators
    N/A
    Lot Size
    361,548 SF

    HighLights

    • Prime 8.3‑acre Foley, AL commercial land, ideal for development.
    • Strategic location near major retailers including Walmart & Publix.
    • Adjacent to established residential communities, offering high visibility and accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office 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
    -88.226355
    Latitude
    30.574478

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    FAQs

    What type of property is this?
    Land - Exceptional development opportunity near major retailers.
    Where is this land located?
    The property is located at 1 Pine St Foley, AL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime 8.3-acre Foley, AL commercial land, ideal for development.; Strategic location near major retailers including Walmart & Publix.; Adjacent to established residential communities, offering high visibility and accessibility.
    (251) 342-7229
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    1 Pine St 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
    1 Pine St Foley, AL 36535
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