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    2304 Main St Daphne, AL 36526

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $2,200,000

    Prime Daphne location, 3,500 SF retail space, 2 acres.

    Property size:
    3,500 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    331
    This exceptional commercial property, located on Highway 98 in Daphne, Alabama, presents a unique investment opportunity. The 3,500 square foot building sits on a spacious 2-acre lot, offering ample parking and potential for future expansion. Currently configured as a single-tenant, two-story structure, the property's flexible layout is well-suited for a variety of retail or office uses. Its high-visibility location along Highway 98 ensures significant exposure to a high volume of traffic, making it an ideal site for businesses seeking a prominent presence in this thriving commercial corridor. The property's size and location have generated considerable interest, resulting in a pending sale. The asking price is $2,200,000, translating to $628.57 per square foot. This represents a compelling opportunity to acquire a well-positioned commercial property in a desirable Alabama market. The property's features include a freestanding design, excellent accessibility, and ample space for parking or future development. The two-story configuration provides flexibility for various business needs. This is a rare opportunity to own a highly visible and accessible commercial property in a prime Daphne location.

    Property Features for 2304 Main St

    General Information

    Property type
    Other retail properties
    Square Feet
    3,500 SF
    Price / Square Foot
    $628
    Elevators
    N/A
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1940
    Buildings
    2
    Stories
    2

    HighLights

    • Prime 3,500 sq ft retail space on Hwy 98 in Daphne, AL.
    • Two‑story building on a spacious 2‑acre lot, offering ample parking.
    • High‑traffic location ideal for owner‑operators seeking a visible storefront.
    Location Intelligence

    Current Use by Public Records

    Southern Napa Fine ... Wine Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    State
    Alabama
    Longitude
    -87.902156
    Latitude
    30.611702

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    FAQs

    What type of property is this?
    Other retail property - Prime Daphne location, 3,500 SF retail space, 2 acres.
    Where is this other retail property located?
    The property is located at 2304 Main St Daphne, AL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Prime 3,500 sq ft retail space on Hwy 98 in Daphne, AL.; Two-story building on a spacious 2-acre lot, offering ample parking.; High-traffic location ideal for owner-operators seeking a visible storefront.
    (850) 564-0120
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    2304 Main St Daphne, AL 36526
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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
    2304 Main St Daphne, AL 36526
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