17008 Foley Beach Express Foley, AL 36535
This exceptional 1.22-acre commercial lot in Foley, Alabama, presents a unique investment opportunity. Located at 17008 Foley Beach Express, 36535, this property offers significant potential for future development. Currently, a phone tower situated on the rear of the property generates a consistent annual income of $5,000. This existing lease agreement provides a secure revenue stream and extends until December 21, 2051, offering long-term financial stability. The expansive 1.22 acres provide ample space for various commercial ventures, making it an attractive proposition for investors seeking both immediate returns and future growth potential. The property's location in Foley, Baldwin County, AL, offers easy access to local amenities and transportation networks. This is a rare chance to acquire a commercial lot with a proven income source and substantial development possibilities. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Serious inquiries only. Contact us to learn more about this exceptional investment opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.