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    Johnson Rd Daphne, AL 36526

    For Sale
    $1,850,000

    Prime 5.91-acre commercial lot in Daphne, AL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.91-acre commercial land parcel is strategically located at the last major traffic signal leaving Daphne, Alabama, on the southeast corner of Highway 98 and Johnson Road. The property boasts an R-4HD zoning designation, offering a wide range of development possibilities. Its prime location is further enhanced by its adjacency to a newly constructed apartment complex with over 200 units, ensuring high visibility and potential for synergistic development. The asking price for this highly desirable tract is $1,850,000, translating to approximately $313,029 per acre. This represents a significant opportunity for investors and developers seeking a well-positioned site in a rapidly growing area. The property is also available for ground lease, providing additional flexibility for potential tenants. Given its size, location, and zoning, this parcel presents a unique chance to capitalize on the thriving commercial landscape of Daphne, Alabama, and its proximity to a substantial residential population. Detailed site plans and zoning information are available upon request. Don't miss this exceptional investment opportunity.

    Property Features for 0 Johnson Rd

    General Information

    Property type
    Land
    Lot Size
    257,440 SF

    HighLights

    • 5.91‑acre commercial land parcel in Daphne, AL.
    • Located at the last major traffic signal leaving Daphne on the SE corner of Hwy 98 & Johnson Rd.
    • R‑4HD zoning allows diverse development options.
    • Adjacent to a new 200+ unit apartment complex.
    • Asking price: $1,850,000 ($313,029/acre).
    • Ground lease option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8943352
    Latitude
    30.5892891

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    FAQs

    What type of property is this?
    Land - Prime 5.91-acre commercial lot in Daphne, AL.
    Where is this land located?
    The property is located at Johnson Rd Daphne, AL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 5.91-acre commercial land parcel in Daphne, AL.; Located at the last major traffic signal leaving Daphne on the SE corner of Hwy 98 & Johnson Rd.; R-4HD zoning allows diverse development options.
    Request Owner's contact information
    Johnson Rd Daphne, AL 36526
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    Daphne, AL 36526
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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
    Johnson Rd Daphne, AL 36526
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