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    Foley Beach Expy Foley, AL 36535

    Sponsored
    For Sale
    $2,178,750

    19 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity in Foley, Alabama, featuring 19.33 acres of commercially zoned land (B-2) on Foley Beach Express South. This prime location boasts high visibility and traffic counts averaging 17,456 vehicles daily (ALDOT 2021), strategically situated between County Road 12 and popular destinations such as OWA Theme Park, Auburn University, and Columbia Southern. The property's location offers unparalleled exposure for a variety of businesses, including but not limited to car washes, drug stores, strip centers, grocery stores, and gas stations. City of Foley approved plans are in place. The seller is open to build-to-suit options. This presents a unique chance to capitalize on the area's growth and strong rental income potential. The property's tax ID/APN is 05-61-05-22-0-000-002.003. The asking price is $2,178,750, with a unit price of $112,713 per acre. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area with exceptional visibility and growth potential. Don't miss out on this chance to secure a prime location for your next venture.

    Property Features for 0 Foley Beach Expy

    General Information

    Property type
    Individual retail properties
    Lot Size
    842,015 SF

    HighLights

    • Tax ID/APN: 05‑61‑05‑22‑0‑000‑002.003 (BILLFISH PLAZA)
    • Zoning: B‑2
    • Acre Price: $112,713
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.653404
    Latitude
    30.3705197

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    FAQs

    What type of property is this?
    Individual retail property - 19 Acres, High-Traffic Location
    Where is this individual retail property located?
    The property is located at Foley Beach Expy Foley, AL.
    What is the asking price?
    The asking price for this property is $2,178,750.
    What are key features of this property?
    This property features: Tax ID/APN: 05-61-05-22-0-000-002.003 (BILLFISH PLAZA); Zoning: B-2; Acre Price: $112,713
    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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