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    1203 US-98 Daphne, AL 36526

    Source: https://www.saltercompany.com
    For Lease
    $12,500 /Mo ($14 SF/Yr)

    High-traffic location, 10,265 SF, NNN lease.

    Lot size:
    10,265 SF

    Description

    Added:
    Mar 20, 2025
    Days on Market:
    270
    This exceptional 10,265-square-foot retail space in Daphne, Alabama, presents a fantastic opportunity for a discerning business. Located on heavily trafficked US-98, this property boasts excellent visibility and accessibility. The building, formerly a Badcock Furniture store, offers a versatile layout ideal for a variety of retail uses. The space includes a spacious 8,200-square-foot showroom, perfect for showcasing products or creating a dynamic customer experience. In addition to the showroom, there's a 1,500-square-foot warehouse area, providing ample storage or back-of-house space. Three bathrooms and a convenient breakroom are included for employee comfort and convenience. Currently vacant and ready for immediate occupancy, this property is offered on a triple-net (NNN) lease with a preferred term of 3-4 years. The monthly rent is $12,500. The building's prime location and functional design make it an attractive option for businesses seeking a strong presence in the Daphne market. Don't miss this chance to secure a high-visibility retail space in a thriving community. Contact us today to schedule a showing.

    Property Features for 1203 US-98

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    10,265 SF
    USF (Usable sq. ft)
    10,265 SF
    Elevators
    N/A
    Total Rate
    12500
    Lease Term
    3-4 Years

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic Daphne location with US‑98 frontage.
    • Spacious 10,265 sq ft building, ideal for retail.
    • Includes showroom, warehouse, bathrooms, and breakroom; ready for occupancy.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    State
    Alabama
    Longitude
    -88.128647
    Latitude
    30.652541

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    FAQs

    What type of property is this?
    Other retail property - High-traffic location, 10,265 SF, NNN lease.
    Where is this other retail property located?
    The property is located at 1203 US-98 Daphne, AL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-traffic Daphne location with US-98 frontage.; Spacious 10,265 sq ft building, ideal for retail.; Includes showroom, warehouse, bathrooms, and breakroom; ready for occupancy.
    (251) 928-9265
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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
    1203 US-98 Daphne, AL 36526
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