Your AI Navigator in Commercial Real Estate
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

    Monroe St Daphne, AL 36526

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,295,000

    Prime 5.7-Acre Development Opportunity

    Property size:
    248,292 SF

    Description

    Added:
    Feb 17, 2025
    Days on Market:
    329
    This exceptional 5.7-acre parcel in Daphne, Alabama, offers a unique investment opportunity. Zoned R-4 High Density Residential, it allows for a potential density of 14 units per acre, totaling approximately 80 units. The property boasts stunning Mobile Bay views and includes existing pier pylons extending into the water. Utilities such as power, gas, water, and sewer are readily available. Preliminary site work has already been completed. Its convenient location is less than a mile south of I-10, providing easy access to major roadways including Highway 98, and is proximate to a wealth of amenities including shopping, dining, entertainment, a public boat launch, and established residential neighborhoods. The property's proximity to downtown Mobile, Daphne, Fairhope, and the Gulf Shores makes it highly attractive for residential development. The listed price is $1,295,000. This is a rare chance to acquire a significant waterfront property with high development potential in a thriving coastal Alabama community. Contact us today to learn more about this exceptional opportunity.

    Property Features for Monroe St

    General Information

    Property type
    Other land
    Square Feet
    248,292 SF
    Price / Square Foot
    $5
    Elevators
    N/A
    Lot Size
    248,292 SF

    HighLights

    • 5.7‑acre waterfront lot overlooking Mobile Bay with existing pier pylons.
    • High‑density residential zoning (R‑4) allows for up to 80 units.
    • Convenient location near I‑10, Hwy 98, and local amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Daphne
    State
    Alabama

    Nearby Similar for Sale

    • $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
    • $2,159,000
      9,459 SF

      Daphne Medical Office Building

      Fully leased medical office building in the heart of Daphne.
      27880 N Main St, Daphne, AL 36526
      View Details
    • $2,200,000
      19,945 SF

      Daphne Business Park Office Building

      19,945 SF office building in Daphne Business Park.
      25366 Profit Dr, 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
    • $2,000,000
      14,837 SF

      Two-Story Medical Office Building

      Medical office building near highway and residential area.
      6631 Park Dr, Daphne, AL 36526
      View Details
    • $245,000

      Roundabout Storage Investment Opportunity

      Self-storage facility in Baldwin County, Alabama, for sale.
      9051 County Road 64, Daphne, AL 36526
      View Details

    FAQs

    What type of property is this?
    Land - Prime 5.7-Acre Development Opportunity
    Where is this land located?
    The property is located at Monroe St Daphne, AL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 5.7-acre waterfront lot overlooking Mobile Bay with existing pier pylons.; High-density residential zoning (R-4) allows for up to 80 units.; Convenient location near I-10, Hwy 98, and local amenities.
    (888) 923-8847
    Request Owner's contact information
    Monroe St 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.
    Monroe St
    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 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
    Monroe St 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.