Mckenzie St Foley, AL 36535
- Land
Current Use by Public Records
- Land
Property Details for 0 Mckenzie St
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.6833
- Latitude
- 30.386
