Foley Office / Warehouse Development
Industrial
for Sale
Sale Pending
| Catylist Listing ID: |
30839454 |
| Property Subtypes: |
Flex Space, Industrial-Business Park, Light Industrial, Office Showroom
|
| Status: |
Pending |
| Building Status: |
Proposed |
| Building Size (RSF): |
10,010 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$250,000 |
| Unit Price: |
$24.98 PSF |
| Office SF: |
481 SF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/12/2023 |
Overview / Comments
|
Turn-key office/warehouse development in the heart of Foley. The owner would provide all architectural, civil, and landscaping plans that have been approved by the city of Foley. Conveniently located on Hwy 98 between 59 and the Baldwin Beach Express, this new flex development is approved for 7 office/warehouse units. The average unit will have +/-480SF of office space and +/-950SF of warehouse. The rate includes a finished office space (white walls, LVT flooring, finished restroom) and a heated/cooled warehouse with a rear roll-up door. See documents for site plan and potential office layouts.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
05-54-08-28-3-000-022.000 |
| Zoning: |
B-2 |
| Site Description: |
250' of frontage on E Laurel Ave in Foley. Access to the rear through existing alley. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,430 SF |
| Parking Ratio: |
3.7 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
See site plan for parking layout |
| Total Parking Spaces: |
37 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
15,850 |
20,555 |
| Median Age: |
40.87 |
40.52 |
| Households: |
6,549 |
8,316 |
|
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