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    0 Highway 59 Summerdale, AL 36480

    Source: https://www.saltercompany.com
    For Sale
    $140,000

    3.47-acre tract, R-4 zoning, high commercial potential.

    Property size:
    151,153 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    304
    This exceptional 3.47-acre parcel, located at 0 Highway 59 in Summerdale, Alabama, 36480, presents a unique investment opportunity. Currently zoned R-4, this property offers significant potential for commercial development, subject to necessary approvals from the City of Bay Minette. Its strategic location adjacent to Baldwin County High School and near the Baldwin County Animal Shelter makes it highly attractive for various uses. The land's size and proximity to key community infrastructure create a compelling case for multi-family residential development, such as apartments, or other commercial ventures. The asking price is $140,000. Buyers are responsible for verifying all zoning regulations and obtaining any necessary permits for their intended use. This property is being offered as-is. Serious inquiries only. Don't miss this chance to acquire a prime piece of land in a growing Baldwin County community.

    Property Features for 0 Highway 59

    General Information

    Property type
    Other land
    Square Feet
    151,153 SF
    Price / Square Foot
    $0.93
    Elevators
    N/A
    Lot Size
    151,153 SF

    HighLights

    • 3.47 acres of land available for $140,000.
    • R‑4 zoning with potential for commercial rezoning.
    • Prime location near Baldwin County High School and animal shelter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Summerdale
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - 3.47-acre tract, R-4 zoning, high commercial potential.
    Where is this land located?
    The property is located at 0 Highway 59 Summerdale, AL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 3.47 acres of land available for $140,000.; R-4 zoning with potential for commercial rezoning.; Prime location near Baldwin County High School and animal shelter.
    (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
    0 Highway 59 Summerdale, AL 36480
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