Foley, Ala. - Local developers purchased approximately 40 acres of land located on S Pecan Street in Foley for $18,750 per acre. The buyers plan to develop and build a single-family residential community, according to Niki Coker of NAI Mobile who represented the buyers. Skip Davis of Coastal Real Estate and Development represented the sellers.
About NAI Mobile
NAI Mobile is a team of seasoned professionals with over 175 years of experience in all facets of commercial real estate serving southwest Alabama. NAI Mobile is the local footprint of NAI Global, an international network of over 400 firms spanning five continents. Our diverse and robust partnership offers a unique presence as the local, full-service firm you want, with the global reach you need.