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    20438 Hwy Summerdale, AL 36580

    For Sale
    $2,800,000

    43 Acres, High-Traffic Location, Development Potential

    Property size:
    19,227 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 43+/- acre retail property boasts 670 feet of frontage on Highway 59, strategically positioned between Summerdale and Robertsdale, Alabama, in Baldwin County (zip code 36580). The property, located at 20438 Highway 59, includes a 19,227 square foot, single-story building constructed in 2010. The asking price is $2,800,000, translating to $1.49 per square foot and $65,116 per acre. The land is gently sloping, with elevations ranging from 85 feet at the south end to 99 feet at the north end. This area is unzoned, offering significant development flexibility, although any subdivision would need to adhere to county subdivision regulations. A conceptual plan outlines the potential for 94 lots and approximately 4 acres of additional commercial space. The owner may consider selling the commercial frontage separately. Supporting documentation, including a survey, zoning verification, and the conceptual plan, are available. A recent appraisal (June 2023) valued the property at over $3,000,000. The property is situated next to a Tractor Supply store, ensuring high visibility and accessibility.

    Property Features for 20438 Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    19,227 SF
    Lot Size
    1,873,080 SF

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerdale
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.7076876
    Latitude
    30.5227913

    Nearby Comparable

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      Un-zoned Land Near Beach Express

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    Nearby Similar for Sale

    • New
      $439,000
      2,325 SF

      Updated Home with Barn on Acreage

      Updated 4-bedroom home on 2.5 acres with metal barn.
      20437 County Road 71, Summerdale, AL 36580
      View Details
    • $650,000
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      Versatile Land with Warehouse Apartment

      Expansive 19-acre property with warehouse and apartment in Summerdale, Alabama.
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    • $185,000
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      Summerdale Commercial Property Investment

      Prime 0.6-acre lot, 1,050 SF building.
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    • $600,000
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      Summerdale Commercial Building For Sale

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    FAQs

    What type of property is this?
    Retail property - 43 Acres, High-Traffic Location, Development Potential
    Where is this retail property located?
    The property is located at 20438 Hwy Summerdale, AL.
    What is the asking price?
    The asking price for this property is $2,800,000.
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    20438 Hwy Summerdale, AL 36580
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    Summerdale, AL 36580
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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
    20438 Hwy Summerdale, AL 36580
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