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12538 Bodenhamer Road 34.76 Acres of Commercial Land Offered at $2,800,000 in Foley, AL 36535
Investment Highlights
- Prime Development Opportunity
- Additional Commercial Parcels Available
- Proposed 280 Units
Executive Summary
Development Site consisting of 24.76 acres with an additional 10 acres of commercial frontage available in Foley, Alabama. Foley, AL is located in Baldwin County, with access to Gulf Shores/Orange Beach Coastal area approximately 12 miles south. Great topography with letters from the City of Foley of water and sewer capacity. Foley, Alabama Planning and Zoning has recently completed a new zoning and development processes. The property is ready for submittal of a development plan.
The Broker has a great deal of due diligence material to assist with a quick decision on this site. CORE Real Estate in association with Scott Reid with ParaSell, Inc.
The Broker has a great deal of due diligence material to assist with a quick decision on this site. CORE Real Estate in association with Scott Reid with ParaSell, Inc.
Property Facts
1 Lot Available
Lot
| Price | $2,800,000 | Lot Size | 34.76 AC |
| Price Per AC | $80,552.36 |
| Price | $2,800,000 |
| Price Per AC | $80,552.36 |
| Lot Size | 34.76 AC |
Price Reduction!! Development site consisting of 24.76 acres +/-with an additional 10 acres +/- of commercial frontage for development. Great site located in the City of Foley, Alabama just minutes from the Gulf Shores/Orange Beach, AL.
Description
The subject site is located on Highway 98 in Foley, Alabama. The area has experienced single family housing and increased rental units over the past few years. The property has over 24 acres of multi-family zoned property ready for development and an additional 10 acres of commercial highway frontage. This is a great property to build out over time or all at once in a great location near the gulf coast.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 55-07-25-0-000-043.000 | Improvements Assessment | $7,440 |
| Land Assessment | $4,700 | Total Assessment | $12,140 |
Property Taxes
Parcel Number
55-07-25-0-000-043.000
Land Assessment
$4,700
Improvements Assessment
$7,440
Total Assessment
$12,140
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