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Fern - Fern Medical Village
12.18 Acres of Commercial Land in Foley, AL 36535
Investment Highlights
- Located within walking distance to South Baldwin Hospital
- Lot sizes to match the needs of your practice or business
Executive Summary
Property Facts
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.18 AC |
| Property Type | Land | Cross Streets | N Cypress St |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.18 AC |
| Cross Streets | N Cypress St |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 0
| Lot Size | 12.18 AC |
| Lot Size | 12.18 AC |
The developer will install all infrastructure including access roads, parking, retention ponds, walking paths and sidewalks, landscaping, utilities to the pad, and common areas. See brochure for pad sizes and pricing
Description
Positioned on a 12.18 acre site, with entrances from Fern Avenue and Berry Avenue, Fern Medical Village is the only purpose designed medical community within Foley, Alabama. The site is both in an opportunity zone and within walking distance of the South Baldwin Regional Medical Center. South Baldwin Regional Medical Center is in the midst of a $250 million expansion project which will increase bed count by 40% and add a new surgical center for the growing population. The PUD has been approved for 88,000 SF of space. Parking ratio stands at 4 spaces/1000 SF. Current footprints range from 3,500 SF to 10,000 SF+, however modifications can be made to accommodate the needs of the end user.
PROPERTY TAXES
| Parcel Number | 54-05-21-3-000-002.001 | Improvements Assessment | $0 (2023) |
| Land Assessment | $92,400 (2023) | Total Assessment | $92,400 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | Medical Overlay District (The purpose of the Foley Medical District Overlay District is to allow areas for the concentration of medical facilities and related uses.) |
| Medical Overlay District (The purpose of the Foley Medical District Overlay District is to allow areas for the concentration of medical facilities and related uses.) |
-
Burt Arthur -
Dodson Real Estate Group, LLC
Presented by
Fern - Fern Medical Village
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