Shovel-Ready 38 Acres Foley AL Growth Zone

Shovel-Ready 182-Lot Development in Foley, AL PUD Approved & Opportunity Zone Prime 38.246-acre residential development tract in the heart of Foley, Alabamafully entitled and PUD-approved for 182 detached garden-patio homes under TH-1 zoning. This shovel-ready site spans three contiguous parcels (PPINs 287794, 266101, and 71878) with excellent visibility and access, offering 1,222 feet of frontage on County Road 20 and 1,282 feet on Hickory Street. All engineering is complete, including stormwater design, geotechnical studies, and sand chimney recommendations. Located within a federally designated Opportunity Zone, the site qualifies for potential tax advantages and accelerated returnsmaking it ideal for 1031 buyers, developers, and residential builders seeking a turnkey project with high upside. Public utilities are nearby and development can commence quickly following a short pre-construction meeting with the City Engineer. The property is situated directly across from Lennars completed townhome product and minutes from OWA, Foley Beach Express, Tanger Outlets, and the Gulf Coast. A recent building moratorium enacted by the City of Foley further enhances the immediate value of this fully approved project. Buyers are encouraged to verify all details during due diligence. Full engineering package and reports available upon request. Serious inquiries welcome.