Description
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 Zones 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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0BEDS
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5.5ACRES
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0BATHS
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01/2 BATHS
School Information
Description
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 Zones 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.
Listing information © 2022 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Gulf Coast Experts Real Estate Team. Data last updated 2022-05-21T13:28:01.933.
Listing provided by Re/Max Of Orange Beach: 251-981-2400. Listing information © 2022 Baldwin County Association of REALTORS® MLS.