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    24 Co Rd Foley, AL 36535

    For Sale
    $725,000

    14-Acre Industrial Lot, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 14-acre industrial property, located in Foley, Alabama (Baldwin County, zip code 36535), presents a compelling investment opportunity. Priced at $725,000, this vacant land boasts a desirable M1 zoning designation, allowing for a wide range of permitted uses. The lot is level and cleared, simplifying development and minimizing site preparation costs. Its strategic location offers unparalleled access to key infrastructure and businesses. Situated near Collins Aerospace and Foley Airport, the property enjoys convenient proximity to Highway 59, ensuring seamless transportation and logistics. The lot features significant road frontage, measuring 330 feet along the Airport road and 200 feet along County Road 24. Permitted uses include, but are not limited to: light industrial operations, fabrication, processing, assembly, manufacturing, bottling and distribution plants, woodworking and cabinet shops, contractor or building material yards, and highway maintenance facilities. The property's size and zoning make it ideal for a variety of industrial and storage applications. The APN is 54-04-18-0-000-007.000, PPIN: 3390. The price per acre is $51,785. This property offers significant potential for growth and return on investment. Don't miss this chance to acquire a prime industrial site in a thriving Alabama location.

    Property Features for 24 Co Rd

    General Information

    Property type
    Land
    Lot Size
    609,840 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.735136
    Latitude
    30.4359783

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    FAQs

    What type of property is this?
    Land - 14-Acre Industrial Lot, Excellent Location
    Where is this land located?
    The property is located at 24 Co Rd Foley, AL.
    What is the asking price?
    The asking price for this property is $725,000.
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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
    24 Co Rd Foley, AL 36535
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