Catylist ID:
#30834734
Outparcels & Acreage in ±100 AC Mixed-Use Development in Foley
Vacant Land
for Sale
| Catylist Listing ID: | 30834734 |
| Property Subtypes: | Office, Retail, Retail-Pad, Self Storage, Other |
| Gross Land Area: | 2.20 - 32 Acres |
| Sale Price: | $2.50 - 20 PSF |
| In Opportunity Zone? | Yes |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Build-to-Suit |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/24/2024 |
Overview / Comments
|
Highly desirable commercial lots available across from OWA Resort in Foley, Alabama. Located directly on the Foley Beach Express, at the signalized intersection of County Rd 20 / Miflin Road, this new mixed-use development is an ideal location for retail, QSR, multi-family, hotel, and other uses. Lots 4 & 7 will be multi-family residential developments with over 400 units. OWA Resort has over 2 Million visits per year, as of 2022, with visitors’ average annual household income between $75,000 and $100,000 (Placer.ai). New ±100 AC mixed-use development Tracts 1, 2, & 3 will have offsite stormwater Adjacent to new grocery-anchored center starting construction soon & opening in 2024 Multiple access points including signalized access at the intersection of FBX & OWA Zoned PDD (Planned Development District) New traffic signal at North OWA Boulevard |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-61-02-03-0-000-001.000 |
| Zoning: | PDD (PLANNED DEVELOPMENT DISTRICT) |
| Property Located Between: | Hwy 98 & CR-20 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Foley Beach Express |
| Traffic/Vehicle Count: | 27,201 |
| Highway Access: | Frontage on Foley Beach and County Road 20, just south of Highway 98 |
| Part of Planned Development?: | Yes |
| Development Name: | Magnolia Walk East |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,218 | 10,534 | 23,079 |
| Median Age: | 52.05 | 38.34 | 40.9 |
| Households: | 957 | 4,330 | 9,517 |
Contact
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