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20542 Co Rd, Unit 20 Foley, AL

For Sale
$1,795,000

4.7 acre commercial development lot in Foley's business area.

Lot size:
4.70 Acres

Property Features for 20542 Co Rd

General Information

Lot size
4.70 Acres

Source: Bellator Real Estate and Development Gulf Shores Agent Frank Malone

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Foley Commercial Development Land

This commercial development land offers high visibility in Foley's rapidly growing business area. The 4.7-acre property consists of four lots (lots 2, 3, 5, and 6 of Twenty Twenty Subdivision). The lots total approximately 280 feet of frontage on County Road 20 and 680 feet on Boulevard de Sevilla, which serves as the entrance to a large apartment complex. Detention ditches and a drainage easement are in place. The property is almost shovel-ready for development. The subdivision is in a Planned Development District (PDD) with the city of Foley, allowing a wide variety of commercial uses by right, including hotel, theatre, conference center, recreation, restaurant, night club, bar, shopping, retail, bank, and professional office. The recorded plat and the PDD zoning (section 21.5.1) detail the allowed uses. The front lots 2 and 3 have had soils excavated and fill added. The drainage for the subdivision is in place, requiring water to be directed towards the ditch running parallel with the property's depth.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Foley
County
Baldwin
State
Alabama
Longitude
-87.69945
Latitude
30.3929

FAQs

What type of property is this?
Land - 4.7 acre commercial development lot in Foley's business area.
Where is this land located?
The property is located at 20542 Co Rd, Unit 20 Foley, AL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: - High-visibility location in Foley's fastest-growing business area on County Road 20.; - Large 4.7-acre commercial development lot comprised of 4 separate lots, offering flexibility.; - Wide variety of commercial uses allowed by right under PDD zoning (hotel, restaurant, retail, office, etc.).
More about this property
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