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Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Investment properties

12342 Foley Bch Expy Foley, AL 36535-5468

13,371 SF 1.85 ac lot Built 2009
Entity Owned 20-yr Hold Free & Clear
Property ID
US03-0837141
Property summary
AI-generated overview

This exceptional Foley, Alabama office space offers immediate occupancy in a highly visible location. The Foley Express Center boasts multiple suites ranging from 2,000 to 6,100 square feet, perfectly suited for a variety of businesses. Situated on Foley Beach Express (24,751 cars per day) and Highway 98 (13,841 cars per day), this property ensures maximum exposure to a substantial daily traffic volume. The strategic location provides excellent access to Interstate 10, connecting seamlessly to Orange Beach and Gulf Shores. Businesses will benefit from proximity to key attractions, including the OWA Amusement Park and Foley Sports Tourism Complex, less than 2.6 miles away. Each suite is delivered as a vanilla shell, providing flexibility for tenants to customize their space to meet specific operational needs. This presents a unique opportunity to establish a presence in a thriving area with high visibility and convenient access to major roadways and popular destinations. The property is classified as retail and office, with multiple tenancies available within the building, located in Baldwin County. Don't miss this chance to secure your ideal office space in a prime location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2009
Total area 13,371 SF
Lot 1.85 ac (80,505 SF)
APN 54-07-26-0-000-027.017
UPID US03-0837141
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
  • Fairway Dental Dental Office
  • Dr. Camille Phillips Dental Office
  • Folkers Kitchen & Bath Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.50M
Owner & transaction history
Foley Express Center LLC · 20 yrs held
Foley Express Center LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.3M +36.5%
Office building $2.1M +27.3%
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