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    0 Co Rd 20 Lot 1A Foley, AL 36535

    Source: https://www.saltercompany.com
    For Sale
    $21,500,000

    80 Acres Across from OWA; Mixed-Use Potential

    Property size:
    3,503,966 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    293
    Exceptional 80.44-acre commercial land parcel in Foley, Alabama, is available for purchase. Located at 0 County Road 20, Lot 1A, this property boasts a highly desirable location directly across from the OWA entertainment complex in the southwest corner of the intersection of County Road 20 and the Foley Beach Express. Currently zoned as a Planned Unit Development (PUD), this versatile land offers a multitude of development options, including mixed-use, residential, multi-family, hospitality, and other commercial ventures. The significant size and prime location make this an unparalleled opportunity for large-scale development in a rapidly growing area of Baldwin County. All measurements are to be verified by the buyer. The asking price for this exceptional property is $21,500,000. This is a rare chance to acquire a truly unique and strategically positioned asset with immense potential for substantial return on investment. The property's zoning allows for a wide range of uses, catering to diverse development plans. Its proximity to OWA ensures high visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in a thriving tourist destination. Don't miss this exceptional opportunity to secure a piece of prime real estate in one of Alabama's most sought-after locations.

    Property Features for 0 Co Rd 20 Lot 1A

    General Information

    Property type
    Other land
    Square Feet
    3,503,966 SF
    Price / Square Foot
    $6
    Elevators
    N/A
    Lot Size
    3,503,966 SF

    HighLights

    • Prime 80.44‑acre parcel in Foley, Alabama, ideal for mixed‑use development.
    • Exceptional location directly across from the OWA Complex in Baldwin County.
    • Currently zoned PUD, allowing residential, multi‑family, hospitality, and commercial 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 - 80 Acres Across from OWA; Mixed-Use Potential
    Where is this land located?
    The property is located at 0 Co Rd 20 Lot 1A Foley, AL.
    What is the asking price?
    The asking price for this property is $21,500,000.
    What are key features of this property?
    This property features: Prime 80.44-acre parcel in Foley, Alabama, ideal for mixed-use development.; Exceptional location directly across from the OWA Complex in Baldwin County.; Currently zoned PUD, allowing residential, multi-family, hospitality, and commercial uses.
    (251) 259-7135
    Request Owner's contact information
    0 Co Rd 20 Lot 1A 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
    0 Co Rd 20 Lot 1A Foley, AL 36535
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