Development Site in Foley,
For Sale
Contact for pricing
Pending
Co Rd 32, Perdido Beach, AL 36530
Excellent development site in Foley, AL with ground lease.
Days on Market722
Property Features for Co Rd 32
General Information
Standard status
Pending
Property subtype
Multifamily, Office, Retail, Self Storage
Listing Agency:
Legacy Real Estate & Development
Listed By:
Wendy Butler · License #AL 11534
Source:
Crexi
Added: Aug 8, 2024
Changed: Jul 6
Last Checked: Jul 30 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate & Development
Investment Insights
Based on property information with market context.
This development site is located in Foley, AL. The land gently slopes, providing good drainage and minimizing foundation costs. The property is currently being farmed with a ground lease. The front 80 acres along Co Rd 32 is zoned B2, and the remaining property is zoned AO in the City of Foley, AL. A gravel road on the east side of the property is included and has an access agreement for other property owners to the south. A newly constructed pond has been stocked.
Key Highlights
- Excellent development site in Foley, AL with B2 and AO zoning.
- Front 80 acres zoned B2 along Co Rd 32.
- Gently sloping land provides good drainage and minimizes foundation costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 36530, AL
8,375
Population
3,988
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
95.6 sq mi
ZIP Area
88
Density / Sq Mi
$59,252
Median Household Income
$41,231
Median Earnings
$1,093
Median Rent
$251,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Excellent development site in Foley, AL with ground lease.
Where is this commercial land located?
The property is located at Co Rd 32 Perdido Beach, AL.
What is the asking price?
The asking price for this property is $6,245,000.
What are key features of this property?
This property features: Excellent development site in Foley, AL with B2 and AO zoning.; Front 80 acres zoned B2 along Co Rd 32.; Gently sloping land provides good drainage and minimizes foundation costs.
