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3323 S Mckenzie Street - Juniper Street Townhomes 28.94 Acres of Residential Land Offered at $4,900,000 in Foley, AL 36535

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INVESTMENT HIGHLIGHTS

  • Conveniently located near major highways like Highway 59
  • Located near the Foley Beach Express

EXECUTIVE SUMMARY

Selling land parcels with entitlements. No site work to be done. LDP is in process.

PROPERTY FACTS

Price $4,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Planned Unit Development
Total Lot Size 28.94 AC
No. Stories 1
Opportunity Zone Yes
Zoning PUD - Planned Unit Development

1 LOT AVAILABLE

Lot

Price $4,900,000
Price Per AC $169,315.83
Lot Size 28.94 AC

2 Parcels totaling 28.94 acres. Approved for 192 Townhomes.

DESCRIPTION

Juniper Street Townhomes Nestled in the heart of Foley, Alabama, Juniper Street Townhomes present a prime investment opportunity to purchase a parcel that is City-approved for 192 townhomes, that boasts a thoughtful mix of rear-entry and front-entry residences. The site plan offers over 11 acres of open space and amenities, it promises an unparalleled living experience. Conveniently located near major highways like Highway 59 and the Foley Beach Express, residents can easily access Gulf Coast beaches and enjoy the vibrant downtown Foley. The area's diverse dining scene, including renowned establishments like Lambert's Cafe, adds to the appeal. Additionally, the adjacent 21.54 acres are available with approval for 400 multifamily apartments, providing an option for expanding investment opportunities. Don't miss the chance to own a piece of this thriving community in Foley. Take a look at Juniper Street Townhomes property today. *Purchase is for the land only with LDP currently in process.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
61-02-09-2-001-007.001
Land Assessment
$800
Improvements Assessment
$0
Total Assessment
$800
  • Listing ID: 35263663

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 3323 S Mckenzie Street, Foley, AL 36535

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