Local investors paid $1.7 million for 26.5 acres on the Foley Beach Express between Baldwin County 20 and Baldwin County 12 just south of OWA Parks & Resort in Foley, according to Jacob Napper of Gulfbelt Properties.

The buyers plan to develop retail space, a luxury RV resort and a boat and self-storage facility.

Napper represented the buyer. Paul Powers of Power Real Estate worked for the sellers.

The land purchase was one of several real estate transactions of note in Mobile and Baldwin counties in recent days. Others include:

• An out-of-town investor paid $500,000 for 8 acres on Dawes Road between Glider Avenue and Old Government Street in Mobile, according to Jay O’Brien of Stirling, who handled the transaction. The buyer plans to develop a townhome community on the land.
• Silver Ships has leased a 16,000-square-foot building at 8663 Bellingrath Road in Theodore, according to David Dexter of CRE Mobile, who represented the tenant. Silver Ships manufactures aluminum vessels and is expanding its facility to fulfill a recent contract with the U.S. Navy. Pete Riehm of CRE Mobile represented the landlord.
• A private investor paid $477,000 for 10 acres on Sgt. E.I. Boots Thomas Drive in Spanish Fort and plans to use it for industrial and build-to-suit development, according to Andrew Dickman of Stirling, who represented the buyer.
• A local physician bought the former Remington College building at 828 Downtowner Loop W. in Mobile, according to Leigh Redfrey and Allan Cameron Jr. of CRE Mobile, who represented the buyer and seller. The new owner plans to use the 36,000-square-foot space as a physical medicine and rehabilitation center.