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    Foley Beach Expy Foley, AL 36535

    For Sale
    $495,000

    High-traffic commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Foley, Alabama. Strategically situated on Foley Beach Expressway and Woerner Road, this property boasts unparalleled visibility and accessibility, benefiting from its proximity to two of Alabama's busiest highways. Located approximately 0.16 miles east of State Highway 59 and 0.28 miles west of Baldwin Beach Express, the site enjoys exceptional exposure to a high volume of daily traffic. The C1 zoning permits a wide range of commercial uses, making it ideal for retail establishments, restaurants, professional services, or any business seeking high traffic volume. This property's location offers significant potential for substantial returns. The asking price is $495,000, translating to $247,500 per acre. The parcel's precise dimensions should be independently verified by the buyer. The property's APN is 5402090000015002. Don't miss this chance to acquire a premier commercial property in a thriving Alabama coastal community.

    Property Features for 0 Foley Beach Expy

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $495,000 asking price.
    • 2‑acre commercial land parcel.
    • C1 zoning.
    • $247,500 per acre land value.
    • Located on Foley Beach Expressway in Foley, AL (APN: 5402090000015002).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.653404
    Latitude
    30.3705197

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, prime location.
    Where is this land located?
    The property is located at Foley Beach Expy Foley, AL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; 2-acre commercial land parcel.; C1 zoning.
    Request Owner's contact information
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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
    Foley Beach Expy Foley, AL 36535
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