5.9 Acres - Foley

Vacant Land for Sale
Catylist Listing ID: 30174000
Property Subtypes: Hospitality, Multi-Family, Retail
Gross Land Area: 5.90 Acres
Sale Price: $750,000
Unit Price: $127,118 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

5.9 acres of undeveloped land in the heart of Foley just east of Tanger Outlet mall, just west of the Foley Sports Tourism Complex, 1.5 miles from OWA Amusement and Entertainment Destination and 2 miles from the Baldwin Beach Express. The property has 415 feet of frontage on S. Juniper Street and 440 feet on Riviera Blvd.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-61-02-04-2-001-011.005
Property Located Between: Highway 59 and Baldwin Beach Express
Property Visibility: Excellent
Largest Nearby Street: Highway 59
Feet of Frontage: 415
Highway Access: Highway 59/Baldwin Beach Express to I-10
Site Description: 5.9 acres of undeveloped land with 415 feet of frontage on S. Juniper Street and 440 feet of frontage on Riviera Blvd. Mostly level topography. Proximate to retail, sporting facilities, entertainment venues and gulf beaches.
Area Description: The area features dense retail mass in the form of Tanger Outlet Mall immediately to the south and west and Highway 59 with an abundance of retailers, food/beverage service, financial services, lodging and big box retail. Immediately to the east is the Foley Sports Tourism Complex and to the southeast is the OWA Amusement and Entertainment Destination.
Lot Frontage: 440
Lot Depth: 588
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,240 11,508 24,157
Median Age: 34.25 38.31 40.4
Households: 1,732 4,697 9,830


Photograph of Listing Agent

David Dexter

NAI Mobile Gulf Coast CMLS Member
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