11139 Family Circle Ln Foley, AL 36535
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.
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Big Oak Farms Corporate Office Financial Advisor
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
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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.