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$404,000
15651 St Hwy 59, Foley, AL 36535
0 Beds
0 Baths
n/a SqFt

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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 Zones enormous tax advantages by developing a rental asset. This property can also be purchased with an adjoining three parcels to create a 9.53-acre tract with 721 of contiguous frontage on Hwy 59. In addition, another two parcels located just to the North are available for purchase and total 10.59 acres with 509 of contiguous frontage on Hwy 59. Seller will consider owner financing.
  • Price:
  • $404,000
  • Acreage:
  • 4.00
  • Listing ID #:
  • 310549
  • Street Address:
  • 15651 St Hwy 59
  • City:
  • Foley
  • State:
  • Alabama
  • Postal Code:
  • 36535
  • County:
  • Baldwin
  • Community:
  • Central Baldwin County
  • Listing Status:
  • Active
  • Listing Type:
  • Land
3
out of 5

Foley Elementary School
Public
School Grade Level PRESCHOOL-4
School Students 1300 students
School Teachers 15 student/
teacher
n/a

Foley Intermediate School
Public
School Grade Level 5-6
School Students 490 students
School Teachers 20 student/
teacher
2
out of 5

Foley High School
Public
School Grade Level 9-12
School Students 1655 students
School Teachers 18 student/
teacher
  • View:
  • None/Not Applicable
  • Federal Flood Zone:
  • X
  • Lot Description:
  • Land
  • Lot Size:
  • 301 X 706
  • Road Frontage:
  • 301
  • Suitable Use:
  • Business/Comm, Industrial, Mobile Home, Multi-Family, Recreation, Single Family
  • Days On Market:
  • 691
  • For Sale Or Lease?:
  • For Sale
  • Terms:
  • Cash, Conventional, Owner Financing
  • Price Per Square Foot:
  • 101000.00
  • Property Taxes:
  • $2,637
  • Utilities:
  • Sewage-City Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lance Niel (PHONE: 251-979-9198) with RE/MAX of Orange Beach
  • BALDWIN

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