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    1903 US-98 Daphne, AL 36526

    Source: https://www.saltercompany.com
    For Lease
    $3,000 /Mo ($23 SF/Yr)

    High-traffic US-98 location, ideal pop-up shop.

    Lot size:
    1,552 SF

    Description

    Added:
    Mar 12, 2025
    Days on Market:
    272
    This 1,552 square foot retail space in Daphne, Alabama, offers a fantastic short-term lease opportunity. Located directly on US-98, this property boasts exceptional visibility and high traffic counts, making it perfect for a business looking to establish a presence in the Eastern Shore area. Previously used as a car dealership, the building features four offices, two restrooms, a kitchen/breakroom, and warehouse space with two roll-up doors. A third plumbed bathroom is available for tenant conversion. The single-story building includes heat and air conditioning, a metal roof, tile and ceramic floors, and outdoor floodlights. The property sits on a large lot and is zoned B2 - General Business District. Lease terms include a monthly rent of $3,000, plus $1,750 for property insurance reimbursement and $4,442.76 annually for property taxes. This is an excellent chance to secure a prime location for a temporary business venture. The building is constructed on a slab foundation.

    Property Features for 1903 US-98

    General Information

    Property type
    Other retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,552 SF
    USF (Usable sq. ft)
    1,552 SF
    Class
    C
    Total Parking Spaces
    30
    Elevators
    N/A
    Total Rate
    3000
    Lease Term
    Short Term

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1

    HighLights

    • 1,552 sq ft retail space available for short‑term lease in Daphne, AL.
    • High‑traffic location on US‑98 with excellent visibility.
    • Features four offices, two restrooms, kitchen, warehouse space, and roll‑up doors.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Daphne
    State
    Alabama
    Longitude
    -88.102887
    Latitude
    30.691032

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    FAQs

    What type of property is this?
    Other retail property - High-traffic US-98 location, ideal pop-up shop.
    Where is this other retail property located?
    The property is located at 1903 US-98 Daphne, AL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,552 sq ft retail space available for short-term lease in Daphne, AL.; High-traffic location on US-98 with excellent visibility.; Features four offices, two restrooms, kitchen, warehouse space, and roll-up doors.
    (251) 928-9473
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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
    1903 US-98 Daphne, AL 36526
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