Unzoned and located in an Opportunity Zone! This 4.86-acre parcel has 301’ of frontage on Hwy 59 in North Foley. With the property being unzoned and located outside of the city limits, the land uses are essentially limitless (commercial, industrial, apartments, multi-family, RV park, mobile home park, etc). Take advantage of the Opportunity Zone’s enormous tax advantages by developing a rental asset. This property can also be purchased with an adjoining three parcels to create a 9.53-acre tract with 721’ of contiguous frontage on Hwy 59. In addition, another two parcels located just to the North are available for purchase and total 10.59 acres with 509’ of contiguous frontage on Hwy 59. Seller will consider owner financing.
This listing is provided courtesy of RE/MAX of Orange Beach
Map may not be 100% accurate.