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    1903 Us-98 Daphne, AL

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    For Lease
    $3,500 /Mo ($27 SF/Yr)

    High-visibility Daphne retail space available for short-term lease.

    Property size:
    1,552 SF
    Lot size:
    0.60 Acres

    Property Features for 1903 Us-98

    General Information

    Size
    1,552 SF
    Lot size
    0.60 Acres

    Source: Wise Living Real Estate, LLC Agent Henry A Wise IV

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on US-98

    This 1552 square foot building, previously used as a car dealership, offers a prime leasing opportunity on US-98 in Daphne. Zoned B2 - General Business District, the property features excellent visibility in a high-traffic area. The single-story building includes four offices, two restrooms, a kitchen/break-room area, and warehouse space with two roll-up doors. A third plumbed bathroom is present but currently used as a closet; the tenant can reinstall it. The building, constructed on a slab with a metal roof, is equipped with both heat and A/C. The floors are finished with tile and ceramic. Outdoor floodlights and fixtures are installed. This property is available for short-term lease from March 1, 2024, to June 22, 2024, offering an opportunity to establish a business in the Eastern Shore or Daphne area.
    Location Intelligence

    Current Use by Public Records

    Automotive properties

    Similar Places Nearby

    Penske Truck Rental

    Map

    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9036047
    Latitude
    30.6035255

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    FAQs

    What type of property is this?
    Automotive property - High-visibility Daphne retail space available for short-term lease.
    Where is this automotive property located?
    The property is located at 1903 Us-98 Daphne, AL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on US 98 in Daphne with high traffic.; - Zoned B2 - General Business District, suitable for a wide range of businesses.; - Large lot size provides ample space.
    (251) 583-8968
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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
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