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
PRESCHOOL-4
1300 students
15 student/teacher
5-6
490 students
20 student/teacher
9-12
1655 students
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
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Virtual Tour
0 Back Forty Lane, Foley, AL 36535
-- SqFt
-- Beds | -- Baths
Listing Provided By Kristy Bushaw () with RE/MAX Paradise 
