Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2 Caney Creek Dr Daphne, AL 36526

    Sponsored
    For Sale
    $40,000

    Residential Lots - Daphne, AL

    Lot size:
    0.59 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 9 at 8:06 am

    Property Features for 2 Caney Creek Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single Family Residence
    APN
    43-07-36-0-000-001.004
    Lot size
    0.59 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Renee Marshall

    Butler & Co. Real Estate LLC (251) 270-3033

    Listing agent Renee Marshall (251) 270-3033 License #113489

    Listing date Feb 6, 2026

    MLS# 391466 Listing URL

    Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Caney Creek

    Located in Caney Creek Estates, this approximately half-acre residential lot offers an opportunity to house a double-wide manufactured home or design and build a living space. Situated at the end of a cul-de-sac, the property is surrounded by greenery and oak trees. The location combines privacy with convenience to local amenities, schools, and parks. The lot is located in Daphne, Alabama. The lot size is 0.594 acres. The zoning is Single Family Residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Spa & Massage Center Kitchen & Bath Showroom Bakery Travel Agency (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8236008
    Latitude
    30.569766

    Nearby Similar for Sale

    • New
      $1,500,000
      15,000 SF

      Highway 98 Commercial Building

      Versatile commercial building in Daphne with showroom, office, and warehouse.
      28007 Us Highway 98, Daphne, AL 36526
      View Details
    • $4,000,000
      3.20 Acres

      Daphne, AL Church For Sale

      Church and learning academy buildings for sale in Daphne, Alabama.
      9585 Milton Jones Rd, Daphne, AL 36526
      View Details
    • $345,000
      1,690 SF

      Luxury Condo with Bay Views

      Two-story condo with bay views, pool, and private pier.
      4 Yacht Club Dr, Daphne, AL 36526
      View Details
    • $334,900
      2,494 SF

      Golf Course View Home

      Updated home with golf course views and modern amenities.
      509 Ridgewood Dr, Daphne, AL 36526
      View Details
    • $210,000

      Sunset Bay Condo with Bay Views

      Bayfront condo in Daphne with private balcony and modern amenities.
      4 Yacht Club Dr, Daphne, AL 36526
      View Details
    • $229,000
      1,567 SF

      Spacious Townhome with Modern Amenities

      Well-maintained 3-bedroom townhome with updated features and community amenities.
      25806 Pollard Rd, Daphne, AL 36526
      View Details
    • $1,600,000
      19,800 SF

      Stabilized Self-Storage Facility For Sale

      Recently constructed self-storage facility with expansion potential in Daphne, Alabama.
      26246 Pollard Rd, Daphne, AL 36526
      View Details
    • Contact for pricing
      2,500 SF

      New Chipotle Restaurant For Sale

      New construction Chipotle restaurant with a corporate-backed 15-year lease.
      914 Van Ave, Daphne, AL 36526
      View Details
    • $529,000
      1,500 SF

      Retail Opportunity on Corner Lot

      Retail space on corner lot suitable for various businesses.
      28666 N Main St, Daphne, AL 36526
      View Details
    • $360,000
      2,300 SF

      Daphne, AL Rental Home Investment

      Turnkey Rental, Golf Course Lot, High ROI
      104 Laguna Cir, Daphne, AL 36526
      View Details
    • $259,000
      1.00 Acre

      Daphne Commercial Property: Prime Location

      One-acre lot, renovated home, workshop.
      16796 Thompson Rd, Daphne, AL 36551
      View Details
    • $4,500,000
      27,184 SF

      Daphne Church & Academy Campus

      Large campus, ideal for diverse uses
      9585 Milton Jones Rd, Daphne, AL 36526
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Half-acre residential lot in Daphne's Caney Creek Estates.
    Where is this residential land & home lot located?
    The property is located at 2 Caney Creek Dr Daphne, AL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Approximately half-acre lot in Caney Creek Estates.; - Located at the end of a peaceful cul-de-sac.; - Suitable for a double-wide manufactured home or custom build.
    (251) 270-3033
    Request Owner's contact information
    2 Caney Creek Dr Daphne, AL 36526
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Caney Creek Dr
    Daphne, AL 36526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Caney Creek Dr Daphne, AL 36526
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Renee Marshall
    Real Estate License ID: 113489
    (251) 270-3033
    Learn more
    Google sign-in failed. Please try again or use another login method.