Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Mckenzie St Foley, AL 36535

    For Lease
    Contact for pricing

    Prime Foley, AL location. 1-acre commercial lot.

    Lot size:
    48,787 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial land parcel presents a unique opportunity for long-term growth and development. Strategically situated on Highway 59 and 9th Avenue in Foley, Alabama, this property boasts 197 feet of frontage on Highway 59, a major thoroughfare with an impressive average daily traffic count of 34,769 vehicles. The site benefits from convenient access, featuring a center turn lane for northbound traffic and a deceleration lane for southbound vehicles, ensuring easy ingress and egress. An existing full-access curb cut further enhances accessibility. The property's depth can be expanded to provide access to 9th Avenue, as indicated in the survey (available upon request). Lease terms are negotiable, making this an ideal location for a build-to-suit project or a long-term ground lease. Foley is experiencing significant population growth, ranking as the second fastest-growing county in Alabama and within the 10th fastest-growing Metropolitan Statistical Area (MSA) nationally. From 2020 to 2022, Foley's population increased by 14%, underscoring the area's robust economic expansion and potential for future development. This property offers unparalleled visibility and accessibility, making it an exceptional investment opportunity in a thriving market.

    Property Features for 0 Mckenzie St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,787 SF

    Unit(s) available at that property

    Space
    Size
    48,787 SF

    HighLights

    • 1‑acre commercial lot in Foley, AL, on Hwy 59 & 9th Ave.
    • 197' of Hwy 59 frontage, 34,769 AADT.
    • Easy access with center turn lane (NB) and deceleration lane (SB), plus existing curb cut.
    • B1‑A zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.683342402684
    Latitude
    30.386025128794

    Nearby Similar for Lease

    • $350 /Mo
      396 SF

      Office Spaces with High Visibility

      Multiple office spaces for lease with shared amenities included.
      12547 Co Rd, Foley, AL
      View Details
    • $15 SF/Yr
      13,000 SF

      Foley Island Shopping Center Suites

      Mixed-use neighborhood center with suites for retail, office, medical.
      1103-1155 N Mckenzie St, Foley, AL 36535
      View Details
    • Contact for pricing

      Retail Space in Growing County

      Retail space in a high-traffic shopping center near beaches.
      2601 S Mckenzie St, Foley, AL 36535
      View Details
    • $18 SF/Yr
      219,888 SF

      Foley Square Retail Opportunity

      Prime Alabama retail space available. High traffic, strong demographics.
      2434 Mckenzie St, Foley, AL 36535
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Space Across From Walmart

      Retail space in Foley Plaza with high visibility and access.
      2155 S Mckenzie St, Foley, AL 36535
      View Details
    • $18 SF/Yr
      10,027 SF

      Foley Square Retail Space Available

      High-traffic retail suite, 10,027 SF, NNN lease.
      2558 Mckenzie St, Foley, AL 36535
      View Details

    FAQs

    What type of property is this?
    Land - Prime Foley, AL location. 1-acre commercial lot.
    Where is this land located?
    The property is located at Mckenzie St Foley, AL.
    What are key features of this property?
    This property features: 1-acre commercial lot in Foley, AL, on Hwy 59 & 9th Ave.; 197' of Hwy 59 frontage, 34,769 AADT.; Easy access with center turn lane (NB) and deceleration lane (SB), plus existing curb cut.
    Request Owner's contact information
    Mckenzie St Foley, AL 36535
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Mckenzie St
    Foley, AL 36535
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Mckenzie St Foley, AL 36535
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.