Express Canal Rd At Foley Bch Orange Beach, AL 36561
Exceptional commercial land parcels are available for ground lease at The Wharf in Orange Beach, Alabama. This vibrant, 222-acre mixed-use development boasts a prime location along the Intracoastal Waterway, offering unparalleled access and visibility. The available land ranges from 1.62 to 3.26 acres and is zoned PUD, allowing for a variety of development options. The Wharf already features significant existing infrastructure, including 376,000 square feet of retail and commercial space, a 15-screen movie theater, 198 residential condominiums, a 170-slip marina, a 27,000-square-foot convention center, a 10,000-seat amphitheater, and a 132-room SpringHill Suites by Marriott hotel. This established environment provides immediate access to a substantial existing customer base and significant tourism traffic. Ideal uses for these parcels include, but are not limited to, specialty grocery stores, restaurants, banks, professional offices, hotels, boat dealerships, medical facilities, convenience stores, and various retail and entertainment venues. The property is situated on Canal Road at Foley Beach Express in Baldwin County, Alabama, zip code 36561 (APN: 05-66-01-01-2-001-003.024). This presents a unique opportunity to establish a thriving business within a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.