Mixed-Use Land for Sale in Foley, Alabama
212 E Michigan Ave, Foley, AL 36535
This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city's new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study - significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned "in the heart of Foley," this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Buyer to verify all information during due diligence.
Location
- Street address
- 212 E Michigan Ave
- County
- Baldwin County
- Zip code
- 36535
- Community
- Baldwin
- Elevation
- 66 feet
Directions
Take 59 S as you enter Foley, turn left onto Michigan Ave and property will be on the right just past Gelato Joe's restaurant.
Property details
- Acreage
- 17.8 acres
- MLS #
- BCAR 411124
- Posted
Property taxes
- Recent
- $6,437
Parcels
- 05-54-08-33-3-000-018.013
Legal description
5.9 AC FM NE COR OF NW1/4 OF SW1/4 OF SEC 33, TH SW 31.1' TO PT ON S LN MICHIGAN AVE, TH W 480' TO POB, TH S 200', TH E 60.7', TH S 1096.9', TH W 208' TO PT ON E LN CYPRESS ST, TH N 1297.5', TH E 147.7' TO POB IN CITY OF FOLEY SEC 33-T7S-R4E
Nearby schools
| Name | Type |
|---|---|
| Foley Elementary | Elementary |
| Foley Middle | Middle |
| Foley High | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 24, 2026 | New listing | $2,995,000 | — | BCAR |