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    16796 Thompson Rd Daphne, AL 36551

    Sponsored
    For Sale
    $259,000

    One-acre lot, renovated home, workshop.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property in Daphne, Alabama, presents a unique investment opportunity. Situated on a one-acre corner lot (currently being subdivided), this property boasts a completely renovated single-story home. The home features a slab foundation and has undergone a comprehensive transformation, including brand new windows, hardy board siding, bathrooms (complete with a large shower), and a roof installed in 2021. All doors and interior paint are also new. The property benefits from a new HVAC system, both interior and exterior units, with a new split unit added to the master bedroom in August 2022. The home has been converted to city water and sewer (awaiting final grinder pump connection). A well is present on the property, offering potential for future irrigation. Adding to the property's versatility is a detached workshop/garage, ideal for storage or additional business operations. The property is located near a farm, providing a tranquil setting. Please note that the home's square footage and workshop dimensions require verification by the buyer. This is an excellent opportunity to acquire a renovated property with significant potential for various commercial uses. The property is priced at $259,000.

    Property Features for 16796 Thompson Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Juniper Construction Construction Company

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Kitchen & Bath Bar & Pub HVAC Service Storage Facility Furniture Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Dale
    State
    Alabama
    Longitude
    -87.73723
    Latitude
    30.5815

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    FAQs

    What type of property is this?
    Commercial real estate - One-acre lot, renovated home, workshop.
    Where is this commercial real estate located?
    The property is located at 16796 Thompson Rd Daphne, AL.
    What is the asking price?
    The asking price for this property is $259,000.
    (855) 456-4945
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    16796 Thompson Rd Daphne, AL 36551
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    Realmo Value Estimation

    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.

    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.

    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
    16796 Thompson Rd Daphne, AL 36551
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