County Road 32 Foley, AL 36535
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.
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.