15651 State Highway 59 Foley, AL 36535 | No submarkets found in this County. | Vacant Land

$404,000

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4 acres
Listing Courtesy of

Lance Niel

Description

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. 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.

Property Details

Property Type Vacant Land Status Active CMLS ID# 30803995

structure

Total Baths 0

characteristics

Acres 4 lot size area 4.0 lot size units acres possible use Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Fam), Retail, Retail-Pad, Self Storage

tax

parcel number 54-03-08-0-000-015.000

contract

listing terms Cash to Seller, Bank Financing, Owner Financing

compensation

Non-Rep Comp. 0
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.