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Property profile & analytics
OFF-MARKET
Land

17008 Foley Beach Express Foley, AL 36535

Property ID
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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