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    9731 Hwy 31 Spanish Fort, AL 36527

    Sponsored
    For Sale
    $1,733,688

    3.98 Acres, High-Growth Area, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.98-acre parcel of land presents a compelling investment opportunity in the rapidly expanding Baldwin County, Alabama. Strategically located at 9731 Hwy 31 in Spanish Fort, this property boasts a prime location near the intersection of Hwy 31 and AL-181, ensuring high visibility and accessibility. The land is zoned for Agricultural, Commercial, and Industrial uses within the Spanish Fort Extraterritorial Jurisdiction (APN: 05-32-05-22-0-000-081.010), offering considerable flexibility for development. Baldwin County's remarkable growth trajectory, with a 27.2% population increase between 2010 and 2020, positions this property for significant future appreciation. The asking price is $1,733,688, with potential pricing of $10-$15 per square foot. This property is available for sale in its entirety or potentially as subdivided parcels, making it suitable for a range of development projects. The property's location and zoning provide a unique opportunity to capitalize on the area's robust economic growth and increasing demand for commercial and industrial space. Serious inquiries are encouraged to explore the potential of this exceptional land offering.

    Property Features for 9731 Hwy 31

    General Information

    Property type
    Farms
    Lot Size
    173,369 SF

    HighLights

    • $1,733,688 asking price for 3.98 acres of land.
    • Located at 9731 Hwy 31, Spanish Fort, AL 36527, in Baldwin County.
    • APN: 05‑32‑05‑22‑0‑000‑081.010, zoned for Spanish Fort Extraterritorial Jurisdiction.
    • Property is suitable for agricultural, commercial, and industrial uses.
    • Located near the intersection of Hwy 31 and AL‑181.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.85888748229
    Latitude
    30.676729451018

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 3.98 Acres, High-Growth Area, Investment Opportunity
    Where is this farm located?
    The property is located at 9731 Hwy 31 Spanish Fort, AL.
    What is the asking price?
    The asking price for this property is $1,733,688.
    What are key features of this property?
    This property features: $1,733,688 asking price for 3.98 acres of land.; Located at 9731 Hwy 31, Spanish Fort, AL 36527, in Baldwin County.; APN: 05-32-05-22-0-000-081.010, zoned for Spanish Fort Extraterritorial Jurisdiction.
    Request Owner's contact information
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    Spanish Fort, AL 36527
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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
    9731 Hwy 31 Spanish Fort, AL 36527
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