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14965 State Highway 59 31,500 SF 100% Leased Industrial Building Foley, AL 36535 $1,240,000 ($39.37/SF)
INVESTMENT HIGHLIGHTS
- Over 14 acres of high-potential commercial land in the thriving Foley market.
- Zoned B-1A, the property allows for a wide range of commercial uses including retail, office, warehouse, or future redevelopment.
- The site features a 31,500 square foot heated and cooled metal building.
EXECUTIVE SUMMARY
Exceptional Investment Opportunity – Prime Commercial Property in Foley! Seize the chance to own over 14 acres of high-potential commercial land in the thriving Foley market. While the property itself is set back from Highway 59, it offers direct access via a private driveway from the highway, ensuring excellent accessibility. The site features a 31,500 square foot heated and cooled metal building, currently leased and operating as a bookstore. Zoned B-1A, the property allows for a wide range of commercial uses including retail, office, warehouse, or future redevelopment. There is a paved parking area accommodating 10 to 20 vehicles, with additional overflow parking available on the grounds. Situated in a high-traffic area with strong connectivity to surrounding residential and commercial zones, this property is positioned to benefit from Foley’s ongoing growth and business-friendly environment. Buyer to verify all information during due diligence.
PROPERTY FACTS
| Price | $1,240,000 | Lot Size | 14.00 AC |
| Price Per SF | $39.37 | Rentable Building Area | 31,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | Parking Ratio | 0.63/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | Zoned B-1A - ARTICLE XVIII 18.1.2 B-1A EXTENDED BUSINESS DISTRICT | ||
| Price | $1,240,000 |
| Price Per SF | $39.37 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.00 AC |
| Rentable Building Area | 31,500 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Parking Ratio | 0.63/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Zoned B-1A - ARTICLE XVIII 18.1.2 B-1A EXTENDED BUSINESS DISTRICT |
UTILITIES
- Lighting
- Gas
- Water - City
- Sewer
- Heating - Electric
PROPERTY TAXES
| Parcel Number | 54-04-17-0-000-001.007 | Improvements Assessment | $146,000 |
| Land Assessment | $49,940 | Total Assessment | $195,940 |
PROPERTY TAXES
Parcel Number
54-04-17-0-000-001.007
Land Assessment
$49,940
Improvements Assessment
$146,000
Total Assessment
$195,940
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14965 State Highway 59
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