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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,850 20,555
Median Age: 40.87 40.52
Households: 6,549 8,316


Photograph of Listing Agent

Steadman Bethea

Stirling Mobile Gulf Coast CMLS Member
Photograph of Listing Agent

Jeff Barnes

Stirling Properties Mobile Mobile, AL 36602
Gulf Coast CMLS Member
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