Foley, AL
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    Foley, AL Strip Malls for Sale

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    Daphne, AL Summerdale, AL Bay Minette, AL
    Foley Strip Center on Highway
    $2,900,000
    12,000 SF
    Foley Strip Center on Highway

    3820-3840 State Highway 59, Foley, AL 36535

    Thriving 13-tenant strip center on high-traffic Highway 59.
    • 100% Occupancy Rate with Stellar Tenant Mix
    • High‑Traffic Location on Hwy 59 in Foley
    • Versatile Retail Landscape with 13 Rental Spaces (450 to over 2000 sqft)
    • Recently Replaced Roof and New Flooring (2021)
    • Upgraded Parking Lots with LED Light Fixtures (2022)
    Updated: Oct 16, 2025
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    Thriving Strip Mall on Highway
    $2,900,000
    12,000 SF
    Thriving Strip Mall on Highway

    3820-3840 AL-59, Foley, AL

    Fully occupied 12,000 SF strip mall on Highway 59.
    • 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.
    Updated: Nov 30, 2023
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 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 4 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.

    Commercial Land on Theodore Dawes
    $2,000,000
    3.74 Acres
    Commercial Land on Theodore Dawes

    3.74+/- acres at a busy intersection near Wal-Mart.

    7400 Theodore Dawes Road, Theodore, AL 36582

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    Retail Space in Pensacola, FL
    $975,000
    1,968 SF
    Retail Space in Pensacola, FL

    Retail space available for lease in Pensacola, Florida.

    4828-4830 W Jackson St, Pensacola, FL

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    Commercial Land at Busy Intersection
    $2,000,000
    3.74 Acres
    Commercial Land at Busy Intersection

    3.74+/- acres ideal for retail or restaurant development.

    7400 Theodore Dawes Road, Theodore, AL 36582

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    Pensacola Retail Investment Opportunity
    Contact for pricing
    31,850 SF
    Pensacola Retail Investment Opportunity

    Multi-tenant strip center in high-traffic Pensacola location.

    5800 N W St, Pensacola, FL 32505

    View details

    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.

    Pensacola Land Investment Opportunity
    $200,000
    1.00 Acre
    Pensacola Land Investment Opportunity

    Land for sale in a rapidly growing Pensacola area.

    2300 Gloria Circle, Pensacola, FL 32514

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    Corner Parcel in Freeport, Florida
    $550,000
    4.53 Acres
    Corner Parcel in Freeport, Florida

    4.53-acre corner parcel with development potential in Freeport, Florida.

    Hwy 331, Freeport, FL 32439

    View details
    Commercial Land Panama City Beach
    $198,900
    0.11 Acres
    Commercial Land Panama City Beach

    Commercial property in the 79 corridor, suitable for various uses.

    134 Arnold Road, Panama City Beach, FL 32413

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    Cottondale Commercial Land For Sale
    $1,200,000
    32.88 Acres
    Cottondale Commercial Land For Sale

    32.88+/- acres near I-10 and Hwy 231 in Cottondale, FL.

    2730 HIGHWAY 231, Cottondale, FL 32431

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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
    63,096 SF Lot: 7.20 Acres
    Value Estimation by Request

    2410 Mckenzie St, Foley, AL 36535-3404

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    2524 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    69,845 SF Lot: 10.00 Acres
    Estimated value
    $2,130,000

    2524 Mckenzie St, Foley, AL 36535-3406

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    2498 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    17,999 SF Lot: 2.96 Acres
    Estimated value
    $735,000

    2498 Mckenzie St, Foley, AL 36535-3404

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    Mckenzie S St
    SHOPPING CENTER, STRIP CENTER
    57,864 SF Lot: 5.40 Acres
    Estimated value
    $1,065,000

    Mckenzie S St, Foley, AL 36535

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    804 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    53,454 SF Lot: 5.50 Acres
    Estimated value
    $1,000,000

    804 Mckenzie St, Foley, AL 36535-1811

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    2450 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    22,301 SF Lot: 6.00 Acres
    Estimated value
    $940,000

    2450 Mckenzie St, Foley, AL 36535-3404

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    612 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    31,334 SF Lot: 2.25 Acres
    Estimated value
    $1,070,000

    612 Mckenzie St, Foley, AL 36535-3541

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    1104 Mckenzie St
    SHOPPING CENTER, STRIP CENTER
    62,552 SF Lot: 6.00 Acres
    Estimated value
    $1,120,000

    1104 Mckenzie St, Foley, AL 36535-1817

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    Foley, AL Strip Malls Investment Opportunities Market Analysis

    Explore 10 strip malls for sale in Foley, AL on our real estate platform. These investment opportunities span a total of 24,000 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for retail strips in Foley, AL start at $2,900,000, averaging $2,900,000, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 7
    Automotive properties 2
    Grocery and convenience stores 2
    Auto shops 1
    Storefront properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Foley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36535 $2.9M

    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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