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    8 Hospital St Bay Minette, AL 36507

    Source: https://www.saltercompany.com
    For Sale
    Contact for pricing

    Prime Vacant Lot, City Utilities Available

    Property size:
    20,000 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    313
    This exceptional 0.46-acre vacant commercial lot presents a unique investment opportunity in Bay Minette, Alabama. Located directly across from the South side of North Baldwin Infirmary and its associated medical complex, this 19,000-20,000 square foot parcel offers high visibility and convenient access. Its strategic location makes it ideal for a variety of commercial uses, catering to the significant foot and vehicle traffic generated by the medical center. All city utilities are readily available, simplifying development and reducing infrastructure costs. While the property is zoned for commercial use, all development plans must receive city approval. This ensures compliance with local regulations and contributes to the overall aesthetic and functionality of the area. The lot's size provides ample space for a substantial commercial building or a smaller development with ample parking. This is a rare chance to acquire a well-situated commercial lot in a growing area with strong potential for return on investment. Serious inquiries are encouraged.

    Property Features for 8 Hospital St

    General Information

    Property type
    Other land
    Square Feet
    20,000 SF
    Elevators
    N/A
    Lot Size
    20,000 SF

    HighLights

    • Prime 19,000‑20,000 sq ft commercial lot in Bay Minette, AL.
    • Across from North Baldwin Infirmary, ideal for medical‑related businesses.
    • All city utilities available; plans subject to city approval.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay Minette
    State
    Alabama
    Longitude
    -88.096668
    Latitude
    30.676104

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    FAQs

    What type of property is this?
    Land - Prime Vacant Lot, City Utilities Available
    Where is this land located?
    The property is located at 8 Hospital St Bay Minette, AL.
    What are key features of this property?
    This property features: Prime 19,000-20,000 sq ft commercial lot in Bay Minette, AL.; Across from North Baldwin Infirmary, ideal for medical-related businesses.; All city utilities available; plans subject to city approval.
    (850) 564-0120
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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
    8 Hospital St Bay Minette, AL 36507
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