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Property profile & analytics
FOR SALE
Commercial real estate

15372 County Road 28 Foley, AL 36535

1.95 ac lot
Property ID
US03-0426483
15372 County Road 28, Foley, AL 36535 For Sale
$259,900
15372 County Road 28, Foley, AL 36535
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Property summary
AI-generated overview

This exceptional 1.95-acre commercial land parcel, located at 15372 County Rd 28 S in Foley, Alabama (zip code 36535), presents a compelling investment opportunity. The property, identified by APN 54-02-10-0-000-004.000 and PPIN 23978, is zoned B1A, making it ideally suited for a variety of retail uses. Measuring approximately 152.9 feet by 558 feet, this strategically positioned lot enjoys high visibility and significant traffic counts, further enhanced by its proximity to the intersection of Baldwin Beach Express and Foley Beach Express. A Raceway gas station is conveniently located nearby, adding to the area's commercial appeal. The asking price is $299,000, translating to $153,333 per acre, reflecting a strong value proposition considering the property's location and future development potential within a rapidly growing area. This prime location is poised for significant appreciation, making it an attractive investment for both immediate and long-term returns. The property is situated in Baldwin County and offers excellent access to major roadways. This is a rare opportunity to acquire a well-priced commercial lot in a high-growth area.

Property profile
Verified
Property type Commercial real estate
Lot 1.95 ac (84,942 SF)
APN 54-02-10-0-000-004.000, PPIN:23978
UPID US03-0426483
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
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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