Multifamily Development Opportunity
S Juniper St & E Pride Blvd, Foley, AL 36535
Listing Details
- List Price
- $3,100,000
- List Price Per SF
- $1.87
- List Price Per Acre
- $81,579
- List Date
- 4/08/2022
- Listing ID
- 30207844
Multifamily Development Opportunity
Prime +/- 38 acre residential, multi-family, and commercial land development site available in the heart of Foley, Alabama. The site is centrally located in the rapidly growing Foley MSA and is the ideal location for a residential, multi-family, and commercial development. The property has +/-28 Acres zoned GPH-1 (Residential Garden Patio Homes) and +/-10 acres zoned B-1A (Commercial Extended Business District). The property is located along E Pride Blvd (3,465 VPD) and has easy access to Foley Beach Express, just west of the site. Foley Beach Express (35,350 VPD) serves as a major arterial in the Baldwin County market. The new projects and infrastructure improvements within the community have drawn private development in the city, creating new jobs and a booming economy. With the strong tourism market, low state taxes, highly-rated Baldwin County School systems, and beautiful beaches, Foley has become a highly sought after community to reside and tourist destination.
Highlights:
- Excellent residential, multifamily, and commercial land development site in Foley, Alabama
- Approximately 231,767 permanent residents in Baldwin County
- Adjacent to the $210 million dollar development - OWA Amusement Park
- Alabama’s Gulf Coast has 6 Million annual visitors and spend $6 Billion tourism dollars in the area
Space Details
- Total Available
- 38 Acres
- Primary Use
- Land
- Investment
- No
Property Highlights
- Type
- Land Pending
- Size
- 38.98 Acres
- Zoning
- B-1A & GPH-1
- In Opportunity Zone
- Yes
Contact
Harry Bell
Bellcore Commercial LLC
Attachments
Source: Gulf Coast CMLS
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