Foley beach orange beach al 36561 expressway Orange Beach, AL 36561
Lot 1 along the 4-lane Foley Beach Express (FBE) in Wahoo Plaza is sitting in the perfect location. Lot 1 is approx. 0.87 acres. This lot is the first one heading south before the Shell Station. This median lot is perfect for a strip center, quick serve restaurant, or a car wash. The property is located between the northbound and southbound lanes of the FBE; easy access for local neighborhoods and visitors to the Gulf Coast area. Utilities on the Wahoo lots are Gulf Shores water and sewer, Foley natural gas, EMC Power, Harbor communication for telecommunication services and Century Link communications. Access to property is by an established service road that loops around lot and additional lots are available: These lots are adjacent to an established gas station and there has been plans for a proposed High School along the southbound lane.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.