24+/- Acres on Hwy 59 in Foley

Vacant Land for Sale
Catylist Listing ID: 30409827
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 27 Acres
Sale Price: $1,400,000
Unit Price: $51,851 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

READY TO BUILD! 24+/- Acres for Development on Hwy 59 in Foley! PUD approvedfor 250 units. Zoned general business. Prime commercial location with high visibility across fromTanger Outlets! Listing includes PPIN's 034817, 269941, and 269942. All feasibility studies, traffic studies, topos, & elevation studies to convey.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 269942
Property Located Between: Pride Drive & County Road 20
Property Visibility: Good
Legal Description: 8.5 AC LOT 1 PROCHAZKA SUB SLIDE 2188-B IN CITY OF FOLEY SEC 5-T8S-R4E (FORC D) AND 8.4 AC LOT 2 PROCHAZKA SUB SLIDE 2188-B IN CITY OF FOLEY SEC 5-T8S-R4E (FORC D) AND 7.4 Ac(C) All That Part Of Lot 3 Prochazka Sub Slide 2188-B Except That Pt Desc In Parcel "C" Which Adjoins Pine St R/W (A/K/A Parcels 14.008 & 14.009) In City Of Foley Sec 5-T8s-R 4E (Forc D)
Largest Nearby Street: Highway 59
Airports: Jack Edwards National Airport
Area Description: The fastest growing area in Baldwin County! Property is in the heart of Foley- less than 3 miles from the Park at OWA,and upcoming indoor water park & 200 room hotel!
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
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

Ken Crabtree

Signature Properties Gulf Coast CMLS Member
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