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Property profile & analytics
OFF-MARKET
Land

County Road 32 Foley, AL 36535

Property ID
Property summary
AI-generated overview

EXCELLENT development site in Foley, AL! This land gently slopes proving good drainage and minimum foundation costs. The property is currently being farmed with a ground lease. The front 80 acres along Co Rd 32 is zoned B2 and the remaining property is zoned AO in the City of Foley, AL. The gravel road on east side of property is included in the property and has an access agreement for other property owners to the south. The pond is newly constructed and has been stocked. There is an additional 120 acre parcel that is adjacent and to the South that is available for purchase. See attached aerial photo with shading that identifies property and attached zoning map. See aerial video at https://youtu.be/I1THtor_uK8 Please call Wendy Butler 251-510-2682 or Trae Corte 251-751-2223 for more information.

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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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