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Property profile & analytics
OFF-MARKET
Land

Foley beach orange beach al 36561 expressway Orange Beach, AL 36561

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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