Listed price in listed location currency (USD).
$2,995,000

000

MLS® 7844049

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage 
Taxes $6,436
Days Active 17
Lot Size 17.799999 Acres
Approx. Age 
MLS® Number 7844049

Property Address: 212 E Michigan Ave, Foley, AL, 36535-2412

Average square foot calculated using Size range provided by listing agent.

Description

This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city’s new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study – significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned “in the heart of Foley, ” this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Sellers are Licensed Real Estate Agents in Alabama. Buyer to verify all information during due diligence.
MLS® Number7844049
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 24, 2026List Date
$2,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
212 E Michigan Ave, Foley, AL

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