Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land on Highway Title is generated by Realmo AI

    26953 US-181, Daphne, AL 36526

    View on Map
    Picture of Other land at 26953 US-181, Daphne, AL
    For Lease
    $80,000

    1.69 Acres Lot Available for Ground Lease or Sale in Daphne

    Added:
    Mar 25, 2025
    Days on Market:
    434
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for 26953 US-181

    General Information

    Standard status
    Active
    Property type
    Other land, Industrial land, Commercial land, Land
    Elevators
    N/A
    Rate Type
    Yearly

    We can help!

    Listing Contact
    Paul Salter

    Listing agent Paul

    Listing office

    Listing date Mar 25, 2025

    Overview

    This 1.69-acre commercial lot is located in Daphne, Alabama, on Highway 181 at Pleasant Road. The site benefits from high visibility and convenient access. The property, previously developed, has had its existing structure demolished, offering a clean slate for new construction. Zoned B-3, the property allows for various uses, including small retail buildings, office spaces, or quick-service restaurants. The total usable area is 73,665 square feet. The property is available for ground lease at an annual rate of $80,000. This property is ready for immediate development.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.861
    Latitude
    30.61

    Nearby Similar for Lease

    • $17 SF/Yr
      1,250 SF

      Retail Spaces in Jubilee Square

      Restaurant and retail spaces for lease in Daphne, Alabama.
      6850 US-90, Daphne, AL
      View Details
    • $27 SF/Yr
      7,200 SF

      Malbis Build-to-Suit Opportunity

      7,200 SF build-to-suit opportunity in a high-growth area.
      0 Papa George St, Daphne, AL
      View Details
    • $1,200/Mo
      2,500 SF

      Daphne Office/Warehouse Space Available

      Clean, well-maintained office/warehouse space in established business park.
      26149 Capital Dr, Daphne, AL
      View Details
    • $18 SF/Yr
      1,138 SF

      Retail Space on US Hwy 98

      Retail space available in Magnolia Square Shopping Center.
      25325 US-98, Daphne, AL
      View Details
    • $15 SF/Yr
      1,200 SF

      Daphne Office Space For Rent

      Office space in Daphne business complex, featuring reception and offices.
      26148 Capital Dr, Daphne, AL
      View Details
    • $15 SF/Yr
      440 SF

      Daphne Office Space For Rent

      Office space in Daphne, suitable for medical-related businesses.
      101 Villa Dr, Daphne, AL
      View Details
    • $3,500/Mo
      1,552 SF

      Daphne Commercial Space on US 98

      Commercial space with large lot and high visibility on US 98.
      1903 Us Highway 98, Daphne, AL, 36526-4371
      View Details
    • $575/Mo

      133 - 322 SF Office For Lease - 1203 US Hwy 98, Second Floor, Suite includes Units G, H

      322 SF office suite on US Hwy 98 in Daphne.
      1203 US Hwy 98, Daphne, AL 36526
      View Details
    • $12 SF/Yr
      9,300 SF

      Retail Space in Baypointe Center

      9,300 SF endcap in Daphne's Baypointe Shopping Center.
      27900 N Main St, Daphne, AL
      View Details
    • $5,200/Mo

      24,000 SF Warehouse/Shop Buildings For Lease - Baldwin County

      24,000 SF warehouse space for lease in Daphne, Alabama.
      12015 County Road 54, Daphne, AL 36526
      View Details
    • $4,116/Mo

      3,500 SF Office/Warehouse Space For Lease (Floor 1, Suite B)

      3,500 SF office and warehouse space for lease.
      8871 Rand Ave, Daphne, AL 36526
      View Details
    • $21 SF/Yr
      4,400 SF

      Daphne Office/Medical Space Available

      4,400 SF commercial space suitable for office or medical use.
      29891 Woodrow Ln, Daphne, AL
      View Details

    FAQs

    What type of property is this?
    Land - 1.69 Acres Lot Available for Ground Lease or Sale in Daphne
    Where is this land located?
    The property is located at 26953 US-181 Daphne, AL.
    What is the lease rate?
    The lease rate is $80,000.
    (251) 344-1444
    We can help!
    Listing Contact
    Paul Salter
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    26953 US-181, Daphne, AL 36526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!