Charleston Place PUD Site

For Sale

Co Rd 20 & Hickory St S, Foley, AL 36535

This Foley property for sale is located at Co Rd 20 & Hickory St S. The current listed sale price for Charleston Place PUD Site is $2,500,000. Charleston Place PUD Site is situated on a lot that is 18.79 acre in size.

Contacts

broker
Brian Savage
broker
Miller Conaway

Property Details

  • Property Type Other
  • Lot Size 18.79 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jan 14, 2025

This prime 18.79-acre development opportunity in Baldwin County, AL, offers a unique chance to build 158 multifamily cottage units in a desirable Foley, AL submarket. The site benefits from Planned Unit Development (PUD) zoning, catering to robust housing demand, as evidenced by competitive properties in the area experiencing high leasing traffic, strong rental rates, and steady progress toward market stabilization. The property provides potential for the newest and most desirable development in the market, with proposed amenities including a swimming pool, clubhouse, common green spaces, and extensive sidewalks. Future growth is supported by the 5-year CR20 extension to CR65, enhancing accessibility and positioning the site for long-term success. Additionally, recent sales like The Village at Hickory Street, which sold for over $350,000 per unit, underscore the market's strong performance and rising property values. Priced attractively at $2.5MM, this opportunity offers design flexibility for the buyer to collaborate with the local municipality and maximize the development’s potential.

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Getting around

  • 6/100

    Walk Score ®

  • 26/100

    Bike Score ®

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Location

  • City Foley, AL
  • Neighborhood Foley
  • Zip Code 36535
  • Market Mobile

Points of Interest

  • Tom Thumb

    1.08 miles

  • Bebo's

    1.26 miles

  • Murphy USA

    1.32 miles

  • Dodge's

    1.70 miles

  • Exxon

    2.25 miles

  • Shell

    2.68 miles

  • Chevron

    2.93 miles

  • Boat Parking

    4.33 miles

  • W Club Parking

    6.72 miles

  • Green Turtle Parking Deck

    6.78 miles

  • Blue Heron Parking Deck

    6.79 miles

  • Concert Handicapped Parking

    6.93 miles

  • Storage Area

    7.74 miles

  • Oyster House Boardwalk Overflow Parking

    8.09 miles

  • RV Storage

    8.27 miles

  • Handicap Parking

    8.40 miles

  • ROSEMARY DUNES TRAIL PARKING

    8.69 miles

  • Holiday Inn Express & Suites Foley - N Gulf Shores

    0.88 miles

  • Hampton Inn Foley, AL

    0.91 miles

  • Econo Lodge Inn & Suites Foley-North Gulf Shores

    1.03 miles

  • Comfort Suites Foley

    1.10 miles

  • Super 8

    1.13 miles

  • Quality Inn

    1.26 miles

  • Best Western Riviera Inn

    1.64 miles

  • America's Best Inn Foley

    1.67 miles

  • Bay Inn & Suites Foley

    1.98 miles

  • Sleep Inn & Suites

    2.03 miles

  • Publix

    0.96 miles

  • Walmart Supercenter

    1.20 miles

  • Big Lots

    1.21 miles

  • ALDI

    1.31 miles

  • TJ Maxx

    1.35 miles

  • Piggly Wiggly

    1.82 miles

  • Winn-Dixie

    1.93 miles

  • Checkouts, Inc.

    2.07 miles

  • Target

    4.75 miles

  • Elberta Grocery

    6.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Charleston Place PUD Site