Technical
Financial
Distress signals
Property profile

5213 State Highway 59 Foley, AL 36535

OFF-MARKET
Land
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Property summary

AI-generated overview

Perfectly situated on the west side of Highway 59, this 0.67+/- acre parcel provides an ideal business location in north Foley! Highway 59 is Baldwin County’s primarily north/south thoroughfare connecting I65 and I10 to the beautiful beaches of south Baldwin County. With 195’+/- of frontage on Highway 59, the lot provides excellent exposure on a four-lane highway complete with a turn lane that easily allows ingress and egress in both directions. With an annual average daily traffic count of 25,479, a multitude of different business can thrive in this location. The property is within the City limits of Foley and is zoned B-1A (Extended Business District), allowing for a broad range of commercial uses. The convenient and centralized location in the middle of south Baldwin County allows consumers and employees to easily access the property from almost anywhere in south Baldwin County. There is an adjacent 6.9 acre tract to the south available for purchase with 240' of highway frontage. Buyer to verify all information during due diligence.

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

Location

5213 State Highway 59 Foley, AL 36535
Foley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$99k

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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