ntroducing iStore Foley Phase 2—a rare pre-construction investment opportunity featuring two-story, 1,600 SF live/work flex units in one of Alabama’s fastest-growing markets. Each unit includes 800 SF of ground-level enclosed storage (with a half bath) and 800 SF of fully conditioned space above, complete with full kitchen, full bath, and washer/dryer hookups. Designed with versatility and long-term value in mind, these units are ideal for business owners, contractors, tradespeople, or investors seeking income-producing space with flexible use. The development is fully permitted and shovel-ready—a key advantage given the City of Foley's current moratorium on new commercial building permits. Units are within a secure, gated complex with 24/7 video surveillance, paved roads, and full utility access. The site is located just off County Road 65 with immediate access to Highway 59 and the Foley Beach Express, offering outstanding visibility and accessibility. Pre-Sale Structure: $250,000 per unit $10,000 refundable deposit to reserve 50% due at groundbreaking (expected within months) Balance due at Certificate of Occupancy Rental Potential: Projected lease rate: $20–$23/SF Strong cap rate projections based on market comps and design Estimated Monthly POA: $313–$406/month, depending on total units delivered (Covers landscaping, security, common maintenance, insurance, signage, etc.) Why Invest: City-approved and ready-to-build amid local permit restrictions No flood insurance required (FEMA Zone X) Business-only zoning with minimum 30-day rental term Strong growth corridor with rising demand for mixed-use storage/flex units Take advantage of this unique offering before construction begins. Secure your unit now and lock in pricing on a fully permitted asset class that’s becoming increasingly rare in Baldwin County.