$1,050,000

80-townhome site, studies done, City pre-app cleared. 7.68+/- acres in-town Foley, zoned R-3 Multi-Family, with a concept plan for approx. 80 townhome units that has been through the City’s pre-application review with no major issues. Traffic study, wetland delineation and boundary survey complete; buyer picks up at site plan submittal with the zoning, studies and City feedback in hand. 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 R-3 townhome land in Foley with this much groundwork finished. Due-diligence package (survey, studies, concept plan, pre-app notes) available. Site plan approval and yield subject to City of Foley; buyer to verify. Buyer to verify all information during due diligence.