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Residential Development Land Parcel
For Sale
$3,995,000

3321 S Mckenzie St, Foley, AL 36535

City-approved for 192 townhomes with opportunity zone qualification and 11-plus acres planned open space.

Property SizeContact for details
Days on Market125

Property Features for 3321 S Mckenzie St

General Information

Standard status Active
Listing Agency: RE/MAX of Orange Beach
Listed By: Charlie Guy
Source: Exprealty
Added: Apr 30 Changed: Aug 31 Last Checked: Aug 30 at 10:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX of Orange Beach

Investment Insights

Based on property information with market context.

This residential land parcel is City-approved for 192 townhomes, with a site plan that includes a mix of rear-entry and front-entry residences. The offering is also noted as qualifying for the Opportunity Zone act. The plan indicates over 11 acres of open space and amenities, supported by a documented layout suitable for phased residential development.

The property is located at 3321 S Mckenzie St in Foley, Alabama. The remarks state convenient access near major routes including Highway 59 and the Foley Beach Express. The surrounding area is described as providing access to Gulf Coast beaches and nearby downtown Foley.

Additionally, the remarks note that adjacent 21.54 acres are available with approval for 400 multifamily apartments, which may provide an option to expand beyond the townhome plan. Buyer is advised to verify all information during due diligence.

Key Highlights

  • City‑approved for 192 townhomes, with Opportunity Zone act qualification
  • Site plan includes 11+ acres of open space and amenities
  • Parcel is offered as an investment property in Foley, Alabama

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service Locksmith Real Estate Agency Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

Demographics for 36535, AL

35,484
Population
18,755
Households
1.9
Avg Household Size
46
Median Age
26%
College-Educated
90%
High-School Grad
92.5 sq mi
ZIP Area
384
Density / Sq Mi
$67,013
Median Household Income
$41,574
Median Earnings
$1,168
Median Rent
$250,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - City-approved for 192 townhomes with opportunity zone qualification and 11-plus acres planned open space.
Where is this residential land & home lot located?
The property is located at 3321 S Mckenzie St Foley, AL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: City‑approved for 192 townhomes, with Opportunity Zone act qualification; Site plan includes 11+ acres of open space and amenities; Parcel is offered as an investment property in Foley, Alabama
More about this property
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