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Property profile & analytics
OFF-MARKET
Commercial real estate

11139 Family Circle Ln Foley, AL 36535

15 ac lot
Property ID
US03-0623934
Property summary
AI-generated overview

Exceptional investment opportunity: 15+ acres of un-zoned land in Foley, Alabama, situated on Foley Beach Express, with the potential to acquire an additional 5 acres for a total of 20 acres. Currently listed at $4,500,000 for the 15+ acres, with the entire 20 acres available for $6,000,000. This expansive parcel presents diverse development possibilities, including hotels, convenience stores, townhome projects (ideal for short-term rentals), storage facilities, assisted living facilities, single-family homes, and high-end RV parks. The property's un-zoned status allows for a wide range of uses subject to county/city approvals. Its strategic location offers convenient access to nearby attractions such as OWA Entertainment (1.5 miles away), and the beaches and amenities of Orange Beach and Gulf Shores (13 miles south). Engineering plans are underway to create a convenient right-in/right-out access point from Foley Beach Express. Furthermore, discussions are ongoing regarding the installation of a traffic light at the intersection of Doc McDuffie Road and the property's approximate northeast corner. The property's APN is 5408340000002007, and it is owned by J & R Land, LLC. This is a rare opportunity to acquire significant acreage in a rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Lot 15 ac (653,400 SF)
APN 5408340000002007
UPID US03-0623934
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
Current use
Occupant on record · Public records
  • Big Oak Farms Corporate Office Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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