10253 AL-59, Foley, AL 36535
Commercial property for lease
- Description
- 27+ acres in the fast-growing area of South Foley. The property is zoned B1-A in the Extended Business District which allows a wide variety of commercial and multi-family uses. The acreage consists of 7 separate adjacent parcels with frontage on Highway 59, County Road 20, and Pine Street which would allow a creative development with convenient ingress and egress. The property is bank owned, and priced at an early 2016 appraisal value. The location is convenient to the high school, YMCA, Outlet Mall, and many other commercial properties and developments. Because it consists of separate parcels, it would easily be possible to purchase all and sell off what you may not need without going through a subdivision process. This property is due south adjacent to the new Academy Sports development. Building price details: $1,100,000.
- Contact info
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Frank Malone
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Price: $ 40,740 +/Acre Lot Size: 27.000 Acres Submarket: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage MSA: Daphne-Fairhope-Foley Zoning: B-1A Buildings: 1 Terms: Cash to Seller Added: 03/01/2018