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Property profile & analytics
OFF-MARKET
Neighborhood centers

915 Mckenzie St Foley, AL 36535

11,984 SF 1.94 ac lot Built 2024
Property ID
US03-0011078
Property summary
AI-generated overview

This brand-new, Class A retail strip center, opening in 2024, presents a unique investment opportunity in Foley, Alabama's thriving Baldwin County. Located at 915 - 947 N McKenzie St, this single-story building boasts 11,984 square feet of leasable space, divisible into units as small as 1,318 square feet, with a maximum contiguous space of 11,984 square feet. The property features nine suites in total, all currently vacant, providing flexibility for a variety of retail and restaurant concepts. Situated on a 1.94-acre lot (84,613 square feet), the center offers ample parking with 60 spaces. Its strategic location on Hwy 59 at West Fig Ave ensures excellent visibility and accessibility. The B-1A/B1A-Extended Business District zoning allows for diverse commercial uses. High traffic counts are a key advantage, with N McKenzie St reporting 25,760 vehicles per day and S McKenzie St showing 36,015 vehicles per day (2023 data). Foley's rapid growth, recognized as one of Alabama's fastest-growing cities, makes this a compelling investment in a high-demand market. This property offers a rare chance to establish a presence in a booming area with significant potential for return.

Property profile
Verified
Property type Neighborhood centers
Year built 2024
Total area 11,984 SF
Lot 1.94 ac (84,506 SF)
UPID US03-0011078
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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