4879 Foley Bch Gulf Shores, AL 36542
This exceptional commercial land offering presents a rare opportunity for development in the thriving Gulf Shores, Alabama market. Located at the highly visible intersection of Foley Beach Express and County Road 20/Miflin Road, directly across from the OWA Resort, these parcels boast unparalleled access and visibility. The property consists of multiple lots ranging from 2.2 to 32 acres, providing flexibility for a variety of development projects. The permitted zoning is PDD (Planned Development District), allowing for a diverse range of uses including retail, quick-service restaurants (QSR), multi-family residential, hotels, and other commercial ventures. Two specific lots, 4 and 7, are already slated for multi-family residential development, totaling over 400 units. The strategic location benefits from the significant draw of the OWA Resort, which attracted over 2 million visitors in 2022, boasting an average annual household income between $75,000 and $100,000. This translates to a substantial and affluent potential customer base for any development. The property's address is 4879 Foley Beach Express, Gulf Shores, Alabama, 36542, within Baldwin County. This is a truly exceptional opportunity to capitalize on the explosive growth and high demand in this prime coastal Alabama location. One lot is approximately 4 acres. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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