Unzoned and located in an Opportunity Zone! This 5.5-acre parcel has 208' 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 4.1 acres to the North, which has 199' of frontage on Hwy 59. In addition, another four parcels located just to the South are available for purchase and total 9.53 acres with 721' of contiguous frontage on Hwy 59. Seller will consider owner financing.
Sold for $2,168,000
$2,168,000
15765 State Highway 59, Foley, AL 36535
4beds
0baths
5.5Acres
VacantLand
Built in 2024
5.5 Acres Lot
$-- Zestimate®
$208/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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$9,816/mo
Est. payment
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$9,816/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air
Cooling
- Other
Features
- Flooring: Concrete
- Has fireplace: Yes
Interior area
- Total interior livable area: 10,424 sqft
Property
Features
- Exterior features: Cement / Concrete, Metal
Lot
- Size: 5.5 Acres
Details
- Parcel number: 5403080000007000
Community & HOA
Location
- Region: Foley
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $1,414,000
- Annual tax amount: $9,332
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2024 | Sold | $2,168,000+594.9%$208/sqft |
Source: Public Record Report a problem | ||
| 1/26/2023 | Sold | $312,000-0.6%$30/sqft |
Source: | ||
| 6/29/2022 | Pending sale | $314,000$30/sqft |
Source: | ||
| 10/22/2021 | Price change | $314,000-10%$30/sqft |
Source: | ||
| 3/8/2021 | Listed for sale | $349,000$33/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,332 +449.3% | $282,800 +449.3% |
| 2024 | $1,699 -0.1% | $51,480 -15.2% |
| 2023 | $1,701 | $60,740 +18% |
| 2022 | -- | $51,480 |
| 2021 | $1,441 | $51,480 |
| 2020 | $1,441 | $51,480 |
| 2019 | $1,441 -22.4% | $51,480 -22.4% |
| 2018 | $1,856 +1.3% | $66,300 +1.3% |
| 2017 | $1,833 | $65,460 |
| 2016 | $1,833 | $65,460 +0.5% |
| 2015 | -- | $65,140 +1.8% |
| 2014 | -- | $63,980 +1.2% |
| 2013 | -- | $63,200 +0.4% |
| 2011 | -- | $62,960 +32.4% |
| 2010 | -- | $47,560 -45.3% |
| 2009 | $2,435 -0.7% | $86,980 -0.7% |
| 2008 | $2,452 +14.8% | $87,580 +14.8% |
| 2007 | $2,136 +0.6% | $76,280 +0.6% |
| 2006 | $2,123 +4.1% | $75,820 +4.1% |
| 2005 | $2,039 -4% | $72,820 -4% |
| 2004 | $2,123 | $75,820 |
| 2003 | $2,123 +34.4% | $75,820 +34.4% |
| 2002 | $1,579 +1.8% | $56,400 |
| 2001 | $1,551 +125.2% | $56,400 +111.7% |
| 2000 | $689 | $26,640 |
Find assessor info on the county website
Neighborhood: 36535
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Nearby schools
GreatSchools rating
- 4/10Summerdale SchoolGrades: PK-8Distance: 2.4 mi
- 9/10Elberta Middle SchoolGrades: 9-12Distance: 5.9 mi
- Alabama
- Baldwin County
- Foley
- 36535
- 15765 State Highway 59