Beach Express

Vacant Land for Sale
Beach Express
Catylist Listing ID: 30732744
Property Subtypes: Agricultural, Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 102 Acres
Sale Price: $10,200,000
Unit Price: $100,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2021

Overview / Comments

A Special and Unique Development Opportunity for any Investor or Developer!

Situated in the Heart of Foley, this 102 +/- Acre tract is PRIME COMMERCIAL with a multitude of possibilities. Centrally located in one of the fastest and largest growing vacation destinations in Baldwin County. Directly across from OWA, this corner lot creates road frontage on 2 major roads. 5200 +/- running North & South on the Foley Beach Express and 1100 +/- running East & West on Miflin Rd (Cty Rd 20). The corner has an overlay zoning, FBEOD, and is identified as one of the main highly trafficked intersections the Expressway has to offer. The Foley Beach Express directs millions of tourists to our white sandy beaches yearly.

Parcel is designateed in an Opportunity Zone and is zoned PDD - Planned District Development. This specific zoning allows for many uses including, but not limited to, commercial, entertainment venues, retail, professional or business offices, recreation, gas stations, amusement parks, high-density residential uses and much more.

Baldwin County is booming! This is the perfect opportunity for your investment to take Foley, AL to the next level!

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-61-02-03-0-000-001.000
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,218 14,136 25,841
Median Age: 52.05 38.69 40.81
Households: 957 5,844 10,760

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