• Broker Jeremy Sullivan 2512699385

21112 Miflin Rd - Three Spacious Lots near OWA in Foley 1.8 Acres of Commercial Land Offered at $1,400,000 in Foley, AL 36535

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INVESTMENT HIGHLIGHTS

  • James Road and the Beach Express Way
  • Hospitality, Office, Retail, Retail-Pad

EXECUTIVE SUMMARY

The B-3 Local Business District boasts various permitted uses and structures, making it ideal for multiple small retail businesses. Buyers can take advantage of the following non-appealable permitted uses:
1. Drug stores
2. Restaurants
3. Drive-in eating places
4. Jewelry and gift shops
5. Flower shops
6. Small beauty and barber shops
7. Small dry cleaning and pick-up stations
8. Automobile repair (minor)
9. Local laundry and washateria parlors
10. Shoe repair shops
11. Small business and professional offices
12. Residential uses not prohibited herein
13. Other similar small retail business units not expressly prohibited
Additionally, there are permitted uses on appeal, which include veterinary clinics/hospitals, kennels, and wholesale businesses. These offer additional possibilities for buyers seeking a broader range of opportunities.

PROPERTY FACTS

Price $1,400,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.80 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $1,400,000
Price Per AC $777,777.78
Lot Size 1.80 AC

We are introducing the B-3 Local Business District, a beautiful buyer commercial opportunity in the vibrant city of Foley, Alabama. This district is located near famous destinations such as OWA, Orange Beach, and Gulf Shores, offering potential.

DESCRIPTION

These requirements ensure a well-planned and organized business environment, providing buyers with clear guidelines for development within the B-3 Local Business District. The City of Foley offers a thriving commercial environment and a growing community, making it an ideal place to establish and expand businesses. With its strategic location near popular destinations, buyers in the B-3 Local Business District can benefit from a steady flow of visitors and potential customers. The area's strong economic potential and community support create an ideal setting for business success. At this time, two residential homes are on the property. Do not approach the property without consent.

PROPERTY TAXES

Parcel Number 61-02-10-0-000-004.003 Improvements Assessment $0
Land Assessment $21,900 Total Assessment $21,900

ZONING

Zoning Code B-3 (Commercial)

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