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21966520

8437 AL-59, Foley, AL 36535

JB
AL Alabama 70212
Sunset Properties
Listed by Sunset Properties
$1,299,000
490 days on market
Updated 2 days ago

8437 AL-59 2.5 acres direct highway frontage

Details
APN 234180, 302986, 103171, 89198, 103170, 275315 302986
Property Type Hospitality, Land (+3)
Sub Type Commercial, Hotel (+1)
Cap Rate 1.68%
NOI $45,350
Price per SqFt $7,895
Buildings 1
Stories 1
Acreage 2.5 - 3.5
Parking Spaces 122 spaces
Occupancy Date 02/01/2026
Ground Lease No

Land | 2.5 acres with additional possible

Marketing description

For Sale +/- 2.5 acres with 200 front feet on hwy 59.

Current use is lot storage for boats and RVs.

In foley city limits. Additional property to the west may be available up to 9 acres total.

The price is for 2.5 acres so additional property would be negotiable

Investment highlights

  • Large hwy 59 frontage with Additional parcels attached totaling 2.5 acres+/- with possible additional side access on Brinks Willis Road depending on how much additional acreage is purchased.

  • Current use is a storage lot for boats and RVs. Property has signage income from a billboard of 4800 per year expiring in 2027

  • Baldwin County PPIN s on request

  • Ideally, suited for hotel/motel

Listing Contacts

JB
AL Alabama 70212
Sunset Properties
Listed by Sunset Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$45,350.00
$3,779.17/mo

Valuation Metrics

0
DSCR
3.49%
Cap Rate
3.49%
ROI

Map

Zoning

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B-1A CommercialSpecial CommercialExtended Business
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View all 7 uses
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Last updated Mar 30, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
John Bobe
License
Alabama 70212
Brokerage
Sunset Properties LLC
Brokerage Phone
2519794100
Title
Real Estate broker
Brokerage Address
3145 Gulf Shores Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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