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    3820 - 3840 AL-59 Foley, AL 36535
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    3820 - 3840 AL-59, Foley, AL 36535

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    • Shopping centers
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shopping centers

    Property Details for 3820 - 3840 AL-59

    Property type
    Shopping centers
    Property subtype
    Retail properties & Spaces

    Description

    Parkway Plaza, is an eye catching strip mall strategically positioned along Highway 59. This complex comprises 13 rental spaces, ranging from 450 to over 2000 sqft., ensuring a versatile retail landscape. With a 100% occupancy rate and a stellar tenant mix, this 12,000 sqft haven thrives with long-term lessees easy access, ample parking, and an income producing sign on the south end of the property. The building's roof was replaced in 2021, and new flooring was installed the same year. Additionally, all parking lots were upgraded wit LED light fixtures in 2022.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    State
    Alabama
    Longitude
    -87.6832
    Latitude
    30.4423
    More about this property
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