Strip Mall

Foley, AL Strip Malls for Sale

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Elberta, AL Summerdale, AL Magnolia Springs, AL Fairhope, AL Gulf Shores, AL Bon Secour, AL Perdido Beach, AL Orange Beach, AL
Thriving Strip Mall on Highway
Updated: Nov 30, 2023
Thriving Strip Mall on Highway

3820-3840 AL-59, Foley, AL

Contact for pricing
12,000 sqft 1.08 AC lot
100% Occupancy Rate: Demonstrates strong and consistent income generation.
Strategic Location: Positioned along Highway 59, offering high visibility and accessibility.
Versatile Retail Landscape: Comprises 13 rental spaces ranging from 450 to over 2000 sqft, attracting a diverse tenant base.
Recent Upgrades: Roof and flooring replaced in 2021, and parking lot LED lighting upgraded in 2022.
Ample Parking: Provides convenience for customers and tenants.
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See what stands out in Baldwin County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Foley, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Subdividable Retail Strip Center
Subdividable Retail Strip Center

12889 Emerald Coast Pkwy, Miramar Beach, FL 32550

Contact for pricing
10,000 sqft

Retail space with an open layout that can be subdivided, plus a dedicated turn lane and signage opportunities.

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Corner Shopping Center with Drive-Through
Corner Shopping Center with Drive-Through

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.51 AC lot

Commercially zoned retail center with pharmacy space, small shops, and a drive-through end cap.

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Shopping Center with Anchor Space
Shopping Center with Anchor Space

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.85 AC lot

Two-parcel retail property with multiple shop spaces, pharmacy occupancy, parking, and direct exposure along Dauphin Island Parkway.

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Retail Center in Miramar Beach
Retail Center in Miramar Beach

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

$9,500,000

28,000 SF retail center, fully leased, high-traffic location.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Parcel
Commercial Land Parcel

2300 BLK Gloria Cir, Pensacola, FL 32514

$200,000
1.10 AC lot

Residential-zoned land with public water service and potential for future commercial planning, subject to applicable approvals.

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Off-Market Properties in Foley, AL

Consider similar Off-Market properties in Foley, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2410 Mckenzie St
SHOPPING CENTER, STRIP CENTER

2410 Mckenzie St, Foley, AL 36535-3404

Estimated value:
$1,370,000
63,096 sqft 7.20 AC lot
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2524 Mckenzie St
SHOPPING CENTER, STRIP CENTER

2524 Mckenzie St, Foley, AL 36535-3406

Estimated value:
$1,200,000
69,845 sqft 10.00 AC lot
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2498 Mckenzie St
SHOPPING CENTER, STRIP CENTER

2498 Mckenzie St, Foley, AL 36535-3404

Estimated value:
$685,000
17,999 sqft 2.96 AC lot
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Mckenzie S St
SHOPPING CENTER, STRIP CENTER

Mckenzie S St, Foley, AL 36535

Estimated value:
$925,000
57,864 sqft 5.40 AC lot
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804 Mckenzie St
SHOPPING CENTER, STRIP CENTER

804 Mckenzie St, Foley, AL 36535-1811

Estimated value:
$835,000
53,454 sqft 5.50 AC lot
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2450 Mckenzie St
SHOPPING CENTER, STRIP CENTER

2450 Mckenzie St, Foley, AL 36535-3404

Estimated value:
$905,000
22,301 sqft 6.00 AC lot
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612 Mckenzie St
SHOPPING CENTER, STRIP CENTER

612 Mckenzie St, Foley, AL 36535-3541

Estimated value:
$900,000
31,334 sqft 2.25 AC lot
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1104 Mckenzie St
SHOPPING CENTER, STRIP CENTER

1104 Mckenzie St, Foley, AL 36535-1817

Estimated value:
$915,000
62,552 sqft 6.00 AC lot
View details

Foley, AL Strip Malls Market Trends and Statistics

Explore 9 strip malls for sale in Foley, AL on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Shopping centers 4
Auto shops 1
Automotive properties 1
Drug stores 1

Demographics Overview

Population 38K
Population Growth (5Y) +27.2%
Median Household Income $67,013
College Educated 17.4%

Taxes & Financing

Tax Rate (average for all types) 3.13%
Property Tax per SF $65.10 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baldwin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Baldwin County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Foley fall within the 25,000 to 50,000 square foot range.

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