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    Us Highway 90 Daphne, AL 36526

    For Sale
    $2,300,000

    12.1 Acres, Prime Retail/Hospitality Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 12.1-acre commercial land parcel presents a remarkable development opportunity in Daphne, Alabama's thriving retail and hospitality corridor. Strategically located on US Highway 90, this property boasts high visibility and accessibility, situated approximately 0.7 miles east of Highway 98 and conveniently south of Interstate 10. The expansive lot offers significant frontage, with approximately 914 feet along Highway 90 and 928 feet along I-10, maximizing exposure to a substantial daily traffic volume. The site is zoned B2, allowing for a wide range of commercial uses, making it ideal for retail establishments, hospitality ventures, or a mixed-use development. All necessary utilities are readily available on-site, simplifying the development process and minimizing upfront infrastructure costs. With its prime location, ample size, and versatile zoning, this property represents a rare chance to capitalize on the robust growth and high demand within Daphne's dynamic commercial market. The property's Assessed Parcel Number (APN) is 05-32-09-32-0-001-001.011. The asking price for this exceptional opportunity is $2,300,000.

    Property Features for 0 Us Highway 90

    General Information

    Property type
    Land
    Lot Size
    527,076 SF

    HighLights

    • $2,300,000 asking price.
    • 12.1‑acre commercial land parcel.
    • B2 zoning.
    • Located on US Hwy 90 in Daphne, Alabama (Baldwin County).
    • APN: 05‑32‑09‑32‑0‑001‑001.011.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8613076
    Latitude
    30.6556881

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    FAQs

    What type of property is this?
    Land - 12.1 Acres, Prime Retail/Hospitality Site
    Where is this land located?
    The property is located at Us Highway 90 Daphne, AL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: $2,300,000 asking price.; 12.1-acre commercial land parcel.; B2 zoning.
    (251) 694-5050
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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
    Us Highway 90 Daphne, AL 36526
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