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    Bay Minette, AL Elberta, AL Summerdale, AL Magnolia Springs, AL Fairhope, AL Gulf Shores, AL Perdido Beach, AL Bon Secour, AL
    4,716 SF Retail For Sale
    Updated: Feb 6, 2025
    4,716 SF Retail For Sale

    21770 US-98, Foley, AL 36535

    $795,000
    4,716 sqft 0.69 AC lot
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    21770 US-98, Foley, AL 36535

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $51K
      Annual

    • Mortgage

      $240K
      Jul 2019

    • Last Sold

      Mar 2025
      $795K

    • Property Type

      Retail Stores
      Built 1980
    View Property Analytics
    Established Restaurant Property For Sale
    Updated: Apr 15, 2025
    Established Restaurant Property For Sale

    3060 S McKenzie St, Foley, AL

    Contact for pricing
    7,128 sqft 1.50 AC lot
    Brand new 15‑year lease demonstrates tenant commitment.
    10% rent increases every 5 years provide increasing income.
    Tenant is First Watch (NASDAQ: FWRG), a rapidly expanding restaurant chain.
    Lease includes 4 (5‑year) options to extend.
    First Watch has over 540 locations.
    View details
    12,000 SF 13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area)
    12,000 SF 13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area)

    3820 - 3840 AL-59, Foley, AL 36535

    $2,900,000
    12,000 sqft 1.08 AC lot

    12,000 SF 13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area) For Sale

    View details
    9,218 SF Palm Center For Sale - Foley, Alabama
    9,218 SF Palm Center For Sale - Foley, Alabama

    8388 AL-59, Foley, AL 36535

    $1,670,000
    9,910 sqft 1.10 AC lot

    9,218 SF Palm Center For Sale - Foley, Alabama

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Development Site in Foley, AL
    Development Site in Foley, AL

    Foley, AL 36530

    Contact for pricing

    Excellent development site in Foley, AL with ground lease.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Foley, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!
    8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!

    301 E canal drive, Gulf Shores, AL 36542

    $3,500,000
    8,016 sqft 0.73 AC lot

    8,016 SF JEWEL OF THE WATERWAY DISTRICT FOR SALE!

    View details
    3,625 SF Beach Bar and Restaurant For Sale
    3,625 SF Beach Bar and Restaurant For Sale

    23479 Perdido Beach Blvd, Orange Beach, AL 36561

    $1,500,000
    3,625 sqft 0.70 AC lot

    3,625 SF Beach Bar and Restaurant For Sale

    View details
    Prime Commercial Property on Highway
    Prime Commercial Property on Highway

    616 Gulf Shores Pkwy, Gulf Shores, AL

    Contact for pricing
    6,839 sqft 0.30 AC lot

    High-visibility property in Gulf Shores, steps from the coast.

    View details
    Turn-Key Smart Bar Opportunity
    Turn-Key Smart Bar Opportunity

    4851 Wharf Parkway, Orange Beach, AL

    Contact for pricing
    2,170 sqft 1.62 AC lot

    Smart Bar in The Wharf with 39 beers on tap.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    STATE HIGHWAY 59, Foley, AL 36535

    $174,000
    7.00 AC lot

    B-1-a zoning, wetland delineation, and service from Baldwin County Sewer Service and Riviera Utilities shape site review.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    W Laurel Avenue, Foley, AL 36535

    $250,000
    0.86 AC lot

    Commercial/business-zoned land within Foley’s incorporated limits, offering an irregular lot configuration along W Laurel Avenue.

    View details
    Foley Beach Express Corridor Land
    Foley Beach Express Corridor Land

    Foley Expressway, Foley, AL 36535

    $3,675,000
    14.70 AC lot

    14.7 acre lot on Foley Beach Express corridor.

    View details
    Foley Beach Express Corridor Land
    Foley Beach Express Corridor Land

    Foley Expressway, Foley, AL 36535

    $1,300,000
    13.30 AC lot

    13.3 acre lot on Foley Beach Express corridor.

    View details

    Off-Market Properties in Foley, AL

    Consider similar Off-Market properties in Foley, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    220 Myrtle Ave
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    220 Myrtle Ave, Foley, AL 36535-2625

    $1,510,000
    Estimated value
    2,800 sqft 0.58 AC lot
    View details
    15884 State Hwy 59
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    15884 State Hwy 59, Foley, AL 36535-8994

    $715,000
    Estimated value
    38,766 sqft 3.20 AC lot
    View details
    18299 Us Hwy 98
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    18299 Us Hwy 98, Foley, AL 36535-9454

    $260,000
    Estimated value
    600 sqft 1.00 AC lot
    View details
    911 Irwin St
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    911 Irwin St, Foley, AL 36535-1200

    $340,000
    Estimated value
    3,500 sqft 0.96 AC lot
    View details
    212 Berry Ave
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    212 Berry Ave, Foley, AL 36535-2804

    $130,000
    Estimated value
    704 sqft 0.25 AC lot
    View details
    1900 Oak St
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    1900 Oak St, Foley, AL 36535-1739

    $210,000
    Estimated value
    4,946 sqft 0.42 AC lot
    View details
    19445 County Rd 12th S
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    19445 County Rd 12th S, Foley, AL 36535-3752

    $360,000
    Estimated value
    2,400 sqft 0.50 AC lot
    View details
    22482 Us Hwy 98
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    22482 Us Hwy 98, Foley, AL 36535-4352

    $305,000
    Estimated value
    1,230 sqft 0.66 AC lot
    View details
    155 Michigan Ave
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    155 Michigan Ave, Foley, AL 36535-1766

    $55,000
    Estimated value
    6,426 sqft 0.80 AC lot
    View details
    18234 County Rd 12th S
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    18234 County Rd 12th S, Foley, AL 36535-3760

    $735,000
    Estimated value
    3,214 sqft 14.00 AC lot
    View details
    17872 Samantha Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    17872 Samantha Dr, Foley, AL 36535-9407

    $350,000
    Estimated value
    5,050 sqft 0.67 AC lot
    View details
    13361 Lipscomb Rd
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    13361 Lipscomb Rd, Foley, AL 36535-8493

    $1,735,000
    Estimated value
    1,600 sqft 4.90 AC lot
    View details
    17947 Samantha Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    17947 Samantha Dr, Foley, AL 36535-9484

    $545,000
    Estimated value
    5,056 sqft 0.46 AC lot
    View details
    17869 Samantha Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    17869 Samantha Dr, Foley, AL 36535-9473

    $500,000
    Estimated value
    5,050 sqft 0.63 AC lot
    View details
    18975 County Rd 10
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    18975 County Rd 10, Foley, AL 36535-4049

    $280,000
    Estimated value
    3,750 sqft 0.48 AC lot
    View details
    Westbrook Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    Westbrook Dr, Foley, AL 36535

    $1,210,000
    Estimated value
    11,250 sqft 2.20 AC lot
    View details
    303 Mckenzie St
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    303 Mckenzie St, Foley, AL 36535-3534

    $370,000
    Estimated value
    7,896 sqft 0.29 AC lot
    View details
    17853 Samantha Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    17853 Samantha Dr, Foley, AL 36535-9473

    $730,000
    Estimated value
    6,800 sqft 0.54 AC lot
    View details
    12607 Cash Ct
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    12607 Cash Ct, Foley, AL 36535-8003

    $1,000,000
    Estimated value
    10,040 sqft 1.00 AC lot
    View details

    Foley, AL Other Retail Properties Market Trends and Statistics

    Explore 72 other retail properties for sale in Foley, AL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 33,754 square feet of properties for sale, with an estimated market value of $5,365,000.

    Sale prices for other retail properties in Foley, AL start at $795,000, averaging $1,788,333, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 7
    Shopping centers 6
    Auto shops 3
    Automotive properties 3
    Drug stores 2

    Demographics Overview

    Population 38K
    Population Growth (5Y) +27.2%
    Median Household Income $67,013
    College Educated 17.4%

    High-Yield Neighborhoods for Investment

    Identify Foley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36535 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.13%
    Property Tax per SF $65.10 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Baldwin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Baldwin County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Foley fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Foley, AL

    • 36535
    • 36530

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