Great Commercial Lot in Foley

Vacant Land for Sale
Catylist Listing ID: 30761973
Property Subtypes: Office, Retail
Gross Land Area: 35,000 SF
Sale Price: $169,000
Unit Price: $4.83 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2022

Overview / Comments

Great corner lot zoned B-2 on Laurel Avenue (US-98) east of Hwy. 59 and not far from the Baldwin Beach Express/Foley Beach Express. Nice and level lot located near City offices, civic center, library, parks, shopping and residences. Perfect spot for an office or retail business. Has 250' on Laurel Ave. and 140' on Poplar St. with an access alley along the rear of the property that leads over to Juniper St. Per ALDOT 2020 traffic counts has over 9,500 vehicles per day.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-54-08-28-3-000-022.000
Zoning: B-2
Property Located Between: Poplar Street & Juniper Street
Property Visibility: Excellent
Largest Nearby Street: Hwy. 59
Feet of Frontage: 250
Traffic/Vehicle Count: 9,563
Airports: Jack Edwards, Pensacola International, Brookley Field, Mobile Regional
Site Description: 250' of frontage on US-98 (Laurel Ave) and 140' of frontage on Poplar St. with an alley access across the rear. Nice level flat lot.
Area Description: In the heart of Foley near City offices, library, parks, shopping centers and residences.
Lot Frontage: 250
Lot Depth: 140
Zoning Description: B-2 Neighborhood Business District
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Internet Access

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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

Sharon R. Wright, CCIM

White-Spunner Realty Gulf Coast CMLS Member
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