For Sale
$115,000

17008 Foley Beach ExpressFoley, AL 36535

Prime 1.22-acre lot with existing income stream.

Source: https://www.saltercompany.com

Overview

Added:
Feb 16
Days on market:
58
This exceptional 1.22-acre commercial lot in Foley, Alabama, presents a unique investment opportunity. Located at 17008 Foley Beach Express, 36535, this property offers significant potential for future development. Currently, a phone tower situated on the rear of the property generates a consistent annual income of $5,000. This existing lease agreement provides a secure revenue stream and extends until December 21, 2051, offering long-term financial stability. The expansive 1.22 acres provide ample space for various commercial ventures, making it an attractive proposition for investors seeking both immediate returns and future growth potential. The property's location in Foley, Baldwin County, AL, offers easy access to local amenities and transportation networks. This is a rare chance to acquire a commercial lot with a proven income source and substantial development possibilities. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Serious inquiries only. Contact us to learn more about this exceptional investment opportunity.

Highlights

  • Prime 1.22-acre commercial lot in Foley, Alabama.
  • Existing lease generates $5,000 annual income until 2051.
  • Located at 17008 Foley Beach Express, zip code 36535.

Property Details for 17008 Foley Beach Express

Property type
Land, Commercial land
Square Feet
52,990 SF
Price / Square Foot
$2.17
Elevators
N/A
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Foley
County
Baldwin
State
Alabama

FAQs

What type of property is this?
Land - Prime 1.22-acre lot with existing income stream.
Where is the land located?
The property is located at 17008 Foley Beach Express Foley, AL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Prime 1.22-acre commercial lot in Foley, Alabama.; Existing lease generates $5,000 annual income until 2051.; Located at 17008 Foley Beach Express, zip code 36535.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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17008 Foley Beach Express
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