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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
    $1,588 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,588/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,588/mo

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    $1,588/mo

    Rent Zestimate®

    Refinance and save

    $9,816/mo

    Est. payment

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    $9,816/mo

    Est. payment

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    What's special

    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.

    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: 5.50 Acres
    Details
    • Parcel number: 5403080000007000

    Community & neighborhood

    Location
    • Region: Foley

    Price history

    DateEventPrice
    5/20/2024Sold$2,168,000+594.9%$208/sqft
    Source: Public Record Report a problem
    1/26/2023Sold$312,000-0.6%$30/sqft
    Source: Baldwin Realtors #310548 Report a problem
    6/29/2022Pending sale$314,000$30/sqft
    Source: Baldwin Realtors #310548 Report a problem
    10/22/2021Price change$314,000-10%$30/sqft
    Source: Baldwin Realtors #310548 Report a problem
    3/8/2021Listed for sale$349,000$33/sqft
    Source: Baldwin Realtors #310548 Report a problem

    Public tax history

    YearProperty taxesTax 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%

    Find assessor info on the county website

    Neighborhood: 36535

    Nearby schools

    GreatSchools rating