N Peachtree Ave, Foley, AL 36535

Property Description

RARE OPPORTUNITY IN FOLEY'S MEDICAL OVERLAY DISTRICT! Nearly one acre of vacant land conveniently located near Baldwin Health and Foley's growing medical corridor. This approximately 0.97-acre parcel offers excellent development potential with frontage on three streets—approximately 261 feet along W. Peachtree Avenue, 162 feet along N. Pine Street, plus additional frontage along Sinclair Street—providing great visibility, access and flexibility for future development. The property is zoned R-2, Single-Family and Duplex Residential, and is also located within the City of Foley Medical Overlay District (FMOD), which provides opportunities for qualifying medical and related uses in addition to uses allowed under the underlying zoning. The level, rectangular site is located in Flood Zone X with city water and sewer available. With continued growth surrounding Baldwin Health and limited land available within Foley's Medical Overlay District, this property presents an excellent opportunity for a medical professional, investor, developer or residential buyer. Convenient to Hwy 59, downtown Foley and surrounding medical facilities. Buyer to verify all zoning, overlay requirements, permitted uses, utilities, dimensions and information deemed important. Buyer to verify all information during due diligence.