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    59 And Keller Rd Foley, AL 36535

    For Sale
    $4,000,000

    12.5 Acres, Hwy 59 & Keller Rd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12.5-acre commercial land parcel presents a remarkable investment opportunity in Foley, Alabama. Strategically located at the intersection of Highway 59 and Keller Road, Tract 4B boasts unparalleled visibility and accessibility. The property is zoned for commercial use within the City of Foley, offering developers significant flexibility for a wide range of projects. With an impressive daily traffic count of 42,000 vehicles, this site guarantees high exposure and strong potential for retail development. The land offers full directional access, ensuring convenient ingress and egress for customers and employees. Situated in Baldwin County, the second-fastest-growing county in Alabama, this property benefits from a robust and expanding local economy. The asking price is $4,000,000. This presents a unique chance to capitalize on the area's growth trajectory. Whether you envision a build-to-suit project or are seeking a ready-to-develop site, this location provides an ideal platform for success. The property's prime location and high traffic volume make it an exceptional investment for long-term growth and profitability. Contact us today to learn more about this exceptional opportunity. The zip code is 36535.

    Property Features for 59 And Keller Rd

    General Information

    Property type
    Land
    Lot Size
    544,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.68297112237
    Latitude
    30.33862997088

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    FAQs

    What type of property is this?
    Land - 12.5 Acres, Hwy 59 & Keller Rd
    Where is this land located?
    The property is located at 59 And Keller Rd Foley, AL.
    What is the asking price?
    The asking price for this property is $4,000,000.
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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
    59 And Keller Rd Foley, AL 36535
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