32152 US-98 Lillian, AL 36549
This exceptional 3.01-acre parcel is situated on the last available corner lot at the intersection of US Highway 98 and County Road 91 in Lillian, Alabama, zip code 36549. The property boasts a highly desirable location with significant commercial visibility, surrounded by established businesses including Cassenbaum's Produce, Blackeyed Susie's, and Vintage Americana. Currently zoned for residential multi-family use (6 zoning), this land presents a unique opportunity for developers. The Baldwin County Planning and Zoning department has approved the installation of a traffic light at this intersection, further enhancing accessibility and visibility. High-speed internet access is readily available in the area. Preliminary research suggests potential for rezoning, although interested parties should conduct their own due diligence with the Baldwin County Zoning department to confirm zoning possibilities. The property's location within a developing subdivision to the south and east indicates strong growth potential. The asking price for this remarkable investment opportunity is $429,000. Detailed zoning information can be obtained from Baldwin County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.