1 Pine St Foley, AL 36535

Property Details for 1 Pine St

Lot size

7.50 lot acres

Property type

Commercial land

APN

61-03-05-4-001-014.001

APU

6103054001014001

Description

This exceptional 8.3-acre commercial land parcel presents a remarkable investment opportunity in Foley, Alabama. Located at the southwest corner of Pine Street and Park Avenue, this property enjoys a highly visible and accessible position. The permitted zoning is Pud - Commercial, offering considerable flexibility for development. The asking price is $1,100,000, translating to $132,530 per acre. This strategically located land is surrounded by a thriving community, with nearby residential areas including multi-family and single-family homes. Its proximity to major retail destinations adds significant value. Within a mile radius, you'll find established businesses such as Walmart, Publix, Academy Sports + Outdoors, and the Tanger Outlets, ensuring high foot traffic and consumer visibility. The property's size and location make it ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The list price per square foot is $3.04, and the property is suitable for single-tenant occupancy. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area with excellent access to amenities and a strong consumer base. Don't miss this chance to secure a prime location for your next commercial development.