Foley Beach Expy Foley, AL 36535
- Retail properties
- 19.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Foley Beach Expy
- Lot size
- 19.33 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
Exceptional investment opportunity in Foley, Alabama, featuring 19.33 acres of commercially zoned land (B-2) on Foley Beach Express South. This prime location boasts high visibility and traffic counts averaging 17,456 vehicles daily (ALDOT 2021), strategically situated between County Road 12 and popular destinations such as OWA Theme Park, Auburn University, and Columbia Southern. The property's location offers unparalleled exposure for a variety of businesses, including but not limited to car washes, drug stores, strip centers, grocery stores, and gas stations. City of Foley approved plans are in place. The seller is open to build-to-suit options. This presents a unique chance to capitalize on the area's growth and strong rental income potential. The property's tax ID/APN is 05-61-05-22-0-000-002.003. The asking price is $2,178,750, with a unit price of $112,713 per acre. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area with exceptional visibility and growth potential. Don't miss out on this chance to secure a prime location for your next venture.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.6534
- Latitude
- 30.3705
