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14965 State Highway 59 31,500 SF Vacant Industrial Building Foley, AL 36535 $1,695,142 CAD ($53.81 CAD/SF)
Investment Highlights
- Over 14 acres of high-potential commercial land in the thriving Foley market.
- Zoned B-1A, the property allows for a wide range of commercial uses including retail, office, warehouse, or future redevelopment.
- The site features a 31,500 square foot heated and cooled metal building.
Executive Summary
Exceptional Investment Opportunity – Prime Commercial Property in Foley! Seize the chance to own over 14 acres of high-potential commercial land in the thriving Foley market. While the property itself is set back from Highway 59, it offers direct access via a private driveway from the highway, ensuring excellent accessibility. The site features a 31,500 square foot heated and cooled metal building, currently leased and operating as a bookstore. Zoned B-1A, the property allows for a wide range of commercial uses including retail, office, warehouse, or future redevelopment. There is a paved parking area accommodating 10 to 20 vehicles, with additional overflow parking available on the grounds. Situated in a high-traffic area with strong connectivity to surrounding residential and commercial zones, this property is positioned to benefit from Foley’s ongoing growth and business-friendly environment. Buyer to verify all information during due diligence.
Property Facts Under Contract
| Price | $1,695,142 CAD | Lot Size | 14.00 AC |
| Price Per SF | $53.81 CAD | Rentable Building Area | 31,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | Parking Ratio | 0.63/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | Zoned B-1A - ARTICLE XVIII 18.1.2 B-1A EXTENDED BUSINESS DISTRICT | ||
| Price | $1,695,142 CAD |
| Price Per SF | $53.81 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.00 AC |
| Rentable Building Area | 31,500 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Parking Ratio | 0.63/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Zoned B-1A - ARTICLE XVIII 18.1.2 B-1A EXTENDED BUSINESS DISTRICT |
Utilities
- Lighting
- Gas
- Water - City
- Sewer
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Per Leesor: Door height: 7 feet | Door width: 70 inches (combined width of both doors) | Ceiling height: 16 feet (highest point), 10 feet (lowest point). Lessee to verify all information.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 31,500 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 31,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 31,500 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
Per Leesor: Door height: 7 feet | Door width: 70 inches (combined width of both doors) | Ceiling height: 16 feet (highest point), 10 feet (lowest point). Lessee to verify all information.
Property Taxes
| Parcel Number | 54-04-17-0-000-001.007 | Improvements Assessment | $199,928 CAD |
| Land Assessment | $68,386 CAD | Total Assessment | $268,314 CAD |
Property Taxes
Parcel Number
54-04-17-0-000-001.007
Land Assessment
$68,386 CAD
Improvements Assessment
$199,928 CAD
Total Assessment
$268,314 CAD
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14965 State Highway 59
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