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    21289 Us Highway 98 Foley, AL 36535

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    For Lease
    $5,000 /Mo ($0.66 SF/Yr)

    Metal building on 2.1 acres near Baldwin Beach Express.

    Property size:
    91,476 SF
    Lot size:
    2.10 Acres

    Property Features for 21289 Us Highway 98

    General Information

    Size
    91,476 SF
    Lot size
    2.10 Acres

    Source: Foley and Company Agent Garrett Foley

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

    Overview

    Foley Retail Space on Highway

    The property available for lease is a 60' x 35' metal building situated on 2.1 fenced acres. It features two gates, a loop driveway, and a farmland view. The location offers quick access to Baldwin Beach Express (0.8 miles) and Hwy 59 (1.3 miles). The property is suitable for various businesses needing an open floor plan, such as a farmers market, brewery, or antique store. Utilities are available, and there is a septic tank with a perc test on file. The acreage is part of PIN 349586.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.660432
    Latitude
    30.406891

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    FAQs

    What type of property is this?
    Storefront property - Metal building on 2.1 acres near Baldwin Beach Express.
    Where is this storefront property located?
    The property is located at 21289 Us Highway 98 Foley, AL.
    What is the lease rate?
    The lease rate is $0.66 SF/Yr.
    What are key features of this property?
    This property features: - 60' x 35' metal building on 2.1 fenced acres.; - Quick access to Baldwin Beach Express (.8 miles) and Hwy 59 (1.3 miles).; - Suitable for various businesses needing an open floor plan.
    (251) 550-6864
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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
    21289 Us Highway 98 Foley, AL 36535
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