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    Property profile & analytics

    12538 Bodenhamer Rd Foley, AL 36535

    • High-rise multifamily apartments
    • 34.76 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US03-0012191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High-rise multifamily apartments

    Property Details for 12538 Bodenhamer Rd

    Lot size
    34.76 lot acres
    Property type
    High-rise multifamily apartments
    APN
    55-07-25-0-000-043.000

    Description

    This exceptional 34.76-acre property in Foley, Alabama presents a remarkable investment opportunity. Zoned R-3, B-1A, and B-2, it offers a unique blend of residential and commercial potential. The site encompasses 24.76 acres ideally suited for a proposed 280-unit apartment complex, designed to capitalize on the robust tourism economy of the Gulf Coast. An additional 10 acres of commercial frontage provides further development possibilities, enhancing the overall return on investment. Situated in Baldwin County, this location enjoys proximity to the vibrant beach communities of Gulf Shores and Orange Beach, just 12 miles away. The property's strategic positioning ensures high demand for both residential and commercial spaces, making it an attractive proposition for developers seeking significant growth potential. The parcel's APN is 55-07-25-0-000-043.000. This is a rare chance to acquire a large-scale development site in a rapidly growing area with exceptional access to the thriving tourism industry of the Alabama Gulf Coast. The property is ready for immediate development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.722882643633
    Latitude
    30.406651512321

    Comparable in this City

    • $739,900
      3,743 SF

      Historic Foley 6-plex Investment

      Downtown Foley, 6-unit apartment building, high occupancy.
      531 Laurel Ave, Foley, AL 36535
      View Details
    • $679,000
      3,743 SF

      Historical Six-Plex Near Foley Downtown

      Charming 6-unit building near downtown Foley, fully occupied.
      531 W Laurel Ave, Foley, AL 36535
      View Details
    • $1,349,000
      8,468 SF

      Foley Multifamily Investment Opportunity

      Ten remodeled apartment units near Highway 59 in Foley, Alabama.
      606 N Alston St, Foley, AL 36535
      View Details
    • $99,000
      0.24 Acres

      Residential Lots in Foley, AL

      Homesite in premier RV port home community near Gulf Coast.
      Reunion Pl, Foley, AL 36535
      View Details
    • $899,000
      7.68 Acres

      Foley Opportunity Zone Multi-Family Land

      Investment property in Foley opportunity zone, suitable for multi-family development.
      801 S Juniper St, Foley, AL 36535
      View Details
    • $139,000

      Luxury RV Lot in Foley

      Class A Motor Coach Resort lot with lake and sunset views.
      604 Sereno St, Foley, AL 36535
      View Details

    Similar Nearby for Sale

    • $739,900
      3,743 SF

      Historic Foley 6-plex Investment

      Downtown Foley, 6-unit apartment building, high occupancy.
      531 Laurel Ave, Foley, AL 36535
      View Details
    • $679,000
      3,743 SF

      Historical Six-Plex Near Foley Downtown

      Charming 6-unit building near downtown Foley, fully occupied.
      531 W Laurel Ave, Foley, AL 36535
      View Details
    • $1,349,000
      8,468 SF

      Foley Multifamily Investment Opportunity

      Ten remodeled apartment units near Highway 59 in Foley, Alabama.
      606 N Alston St, Foley, AL 36535
      View Details
    • $99,000
      0.24 Acres

      Residential Lots in Foley, AL

      Homesite in premier RV port home community near Gulf Coast.
      Reunion Pl, Foley, AL 36535
      View Details
    • $899,000
      7.68 Acres

      Foley Opportunity Zone Multi-Family Land

      Investment property in Foley opportunity zone, suitable for multi-family development.
      801 S Juniper St, Foley, AL 36535
      View Details
    • $139,000

      Luxury RV Lot in Foley

      Class A Motor Coach Resort lot with lake and sunset views.
      604 Sereno St, Foley, AL 36535
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      454,321 SF

      Prime Foley, AL Land Lease Opportunity

      10 acres, Hwy 98 frontage, ideal for various uses
      0 Barin field road, Foley, AL 36535
      View Details
    • $90,000
      48,787 SF

      Prime Foley Hwy 59 Outparcel

      1.12-acre ground lease, high traffic location.
      1884 S McKenzie St, Foley, AL 36535
      View Details
    • $1,500 /Mo

      10 Acre Commercial Land Lease

      Commercial land available for lease with frontage on Hwy 98.
      Barin Field Rd, Foley, AL 36535
      View Details
    • Contact for pricing
      48,787 SF

      Hwy 59 Commercial Land Lease

      Prime Foley, AL location. 1-acre commercial lot.
      0 Mckenzie St, Foley, AL 36535
      View Details
    • $300 /Mo
      100 SF

      Foley Office Suite - 100 Sq Ft

      Small Office, Prime Foley Location. All Utilities Included.
      417 N Alston St, Foley, AL 36535
      View Details
    • $300 /Mo
      100 SF

      Foley Office Space: 100 Sq Ft

      Modern Foley office, ideal for small business.
      417 N Alston St, Foley, AL 36535
      View Details
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    12538 Bodenhamer Rd
    Foley, AL 36535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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