0 Foley Beach Exp $10,200,000

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    0 Foley Beach Exp Foley, AL 36535

    • 102.00 Acres
    • Lots and Land
    • MLS# 307877
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    Views: 474 Days On Site: 130

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    Property Details

    A special and unique development opportunity for any investor or developer! Situated in the heart of Foley, this 102 +/- acre tract is PRIME COMMERCIAL with a multitude of possibilities. Centrally located in one of the fastest and largest growing vacation destinations in Baldwin County. Directly across from OWA, this corner lot creates road frontage on two major roads. 5200 +/- running north & south on the Foley Beach Express and 1100 +/- running east & west on Miflin Rd. (County Rd. 20). The corner has an overlay zoning, FBEOD, and is identified as one of the main highly trafficked intersections on the Expressway. The Foley Beach Express directs millions of tourists to our beaches yearly. Parcel is designated in an OPPORTUNITY ZONE and is zoned PDD - Planned District Development. This specific zoning allows for various uses including, but not limited to, commercial, entertainment venues, retail, professional or business offices, recreation, gas stations, amusement parks, high-density residential uses, and much more. Baldwin County is booming! This is the perfect opportunity for your investment to take Foley, AL to the next level! Listing agents make no accuracy to the size of the parcel. A survey should be performed for accuracy.

    • General Features
      • Area Foley 3
      • Association Fees 0
      • County Baldwin
      • Property Taxes 155.44
      • Property Type Land
      • Terms of Sale Cash, Conventional
    • Building Features
      • Boat Facilities None
      • Community Amenities None
    • Property Features
      • Apx Acreage 102
      • Lot Size 5192x1103
      • Lot Description 100+ acres, Corner Lot
      • Lot Type Corner
      • Water Property Type No Waterfront

    Contact

    Leigh McPherson Team

    Leigh McPherson Team

    Associate Broker

    251-609-9994

    RE/MAX Of Orange Beach

    Team Phone: 251-609-9994

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $10,200,000
    1/7/2021 3:17:00 PM New in Database Source New Value: $10,200,000

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    **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Baldwin REALTORSĀ® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.