80-townhome development, shovel-ready. 7.68+/- acres in-town Foley, zoned R-3 Multi-Family, with a concept plan for approx. 80 townhome units that has cleared the City’s pre-application review with no major issues. Traffic study and wetland delineation complete; seller delivers site plan approval and stamped civil plans at closing, assigned to buyer. Two parcels (PPIN 46509 and 41116) with street-to-street frontage on S Juniper St and S Chestnut St. Open, level land, FEMA Zone X, nothing to clear. City water and sewer in the corridor. Minutes to Hwy 59, the Beach Express and OWA; about 10 miles to Gulf Shores beaches. At $13,125 of land per door, the lowest-cost entitled townhome site in Foley. Due-diligence package (survey, studies, concept plan, pre-app notes) available on request. Buyer to verify zoning, yield and utility capacity with City of Foley. Buyer to verify all information during due diligence.
Listing courtesy of RE/MAX of Orange Beach.

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