Unzoned Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30839211
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 4 Acres
Sale Price: $404,000
Unit Price: $101,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 5/17/2023

Overview / Comments

Unzoned and located in an Opportunity Zone! This 4.86-acre parcel has 301’ of frontage on Hwy 59 in North Foley. With the property being unzoned and located outside of the city limits, the land uses are essentially limitless (commercial, industrial, apartments, multi-family, RV park, mobile home park, etc). Take advantage of the Opportunity Zone’s enormous tax advantages by developing a rental asset. Traffic count of approximately 25,996. Seller will consider owner financing.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-54-03-08-0-000-015.000
Property Located Between: Foley and Summerdale
Property Visibility: Excellent
Legal Description: 300.5' X 706' FM SE COR OF NW1/4 OF NW1/4 OF SEC 8 RUN W 371 TH SE 395.6' TO POB, TH W 250', TH SE 3
Largest Nearby Street: Hwy 59 and Foley Beach Express
Feet of Frontage: 300
Traffic/Vehicle Count: 25,996
Lot Frontage: 300
Lot Depth: 706
Zoning Description: Unzoned - no restrictions.
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,316 16,727
Median Age: 45.88 40.27
Households: 2,219 6,616


Photograph of Listing Agent

Lance Niel

Re/Max of Orange Beach
Gulf Coast CMLS Member
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