For Sale
$3,150,000

Co Rd 20 Lot A Foley, AL 36535

18 Acres, Mixed-Use Potential, OWA Proximity

Property Records
Source: https://www.saltercompany.com

Overview

Added:
Feb 19
Days on market:
69
Exceptional 18-acre commercial land parcel in Foley, Alabama, presents a unique investment opportunity. Situated on Co Rd 20 Lot A, this property boasts a prime location directly across from the OWA entertainment complex in the highly sought-after southwest section of Baldwin County. Currently zoned as a Planned Unit Development (PUD), it allows for diverse development options, including mixed-use, residential (single-family), multi-family, hospitality, and other commercial uses. This presents significant flexibility for a variety of development projects. The property's strategic location offers unparalleled access to the thriving OWA complex and its substantial foot traffic. Note that this 18-acre lot (Lot A) requires simultaneous sale with an adjacent lot (Lot B) to facilitate the construction of an ingress/egress road. The seller will escrow funds at closing to cover road construction costs. Furthermore, both parcels will be subdivided from a larger lot, requiring buyers to submit a preliminary site approval application. All measurements should be independently verified. This is a rare opportunity to acquire a large tract of land in a high-demand location with significant development potential.

Highlights

  • Prime 18-acre parcel in Foley, AL, across from the OWA complex.
  • Zoned for mixed-use development, including residential and commercial opportunities.
  • Seller will escrow funds for road construction; requires sale with adjacent lot.

Property Details for Co Rd 20 Lot A

Property type
Land, Residential land & home lots
Square Feet
784,080 SF
Price / Square Foot
$4.02
Elevators
N/A
Lot Size (sq. ft)
784,080 SF

Location Insight

City
Foley
County
Baldwin
State
Alabama

FAQs

What type of property is this?
Land - 18 Acres, Mixed-Use Potential, OWA Proximity
Where is the land located?
The property is located at Co Rd 20 Lot A Foley, AL.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Prime 18-acre parcel in Foley, AL, across from the OWA complex.; Zoned for mixed-use development, including residential and commercial opportunities.; Seller will escrow funds for road construction; requires sale with adjacent lot.
How can I contact the broker?
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Co Rd 20 Lot A
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