Technical
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Property profile

0 Miflin Rd Foley, AL 36535

OFF-MARKET
Land
2.98 ac lot
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Property summary

AI-generated overview

This exceptional 2.98-acre commercial lot presents a remarkable investment opportunity in Foley, Alabama. Ideally situated on Miflin Road (CR 20), this property boasts approximately 320 feet of frontage, offering unparalleled visibility and accessibility. The strategic location places it between Highway 59 and OWA, ensuring high traffic volume and exposure to a substantial customer base. The property is zoned B-1A by the City of Foley, allowing for a diverse range of commercial uses, making it suitable for various business ventures. With a list price of $1,050,000, this translates to approximately $352,349 per acre, representing a compelling value proposition in this rapidly growing area. The land value is $8.09 per square foot. The property's location within a primary growth corridor of Foley ensures significant future appreciation potential. This single-tenant opportunity is perfect for businesses seeking a high-profile location with excellent visibility and access to major transportation routes. Don't miss this chance to secure a prime commercial parcel in one of Alabama's most dynamic markets. The address is 0 Miflin Road, Foley, AL 36535, in Baldwin County.

Property profile

Verified
Property type Land
Lot 2.98 ac (129,809 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Miflin Rd Foley, AL 36535
Foley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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