15765 St Hwy 59

Active
Foley, AL 36535

$314,000

(Calculating...) /mo (Est.)
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Unzoned and located in an Opportunity Zone! This 5.5-acre parcel has 208' 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 4.1 acres to the North, which has 199' of frontage on Hwy 59. In addition, another four parcels located just to the South are available for purchase and total 9.53 acres with 721' of contiguous frontage on Hwy 59. Seller will consider owner financing.
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Melissa Mahan - Bellator Real Estate
Melissa Mahan

REALTOR®

251.402.1580

Property Details

MLS
310548
Property Type
Land
County
Baldwin
Original Price
$349,000
Acres
5.5
Property Taxes
$1,441.40
Listing Courtesy of
RE/MAX of Orange Beach
Listing Brokerage Phone
251.981.2400



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Broker Reciprocity Listed 442 days ago by RE/MAX of Orange Beach

Information obtained from Baldwin Realtors is current as of 05/23/22 06:17 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.