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Property profile & analytics
OFF-MARKET
Land

32152 US-98 Lillian, AL 36549

Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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