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    Jimmy Faulkner Dr Spanish Fort, AL 36527

    Sponsored
    For Sale
    $999,900

    5.15 Acres, C-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.15-acre commercial and industrial land parcel presents a unique investment opportunity in Spanish Fort, Alabama. Located in the desirable Highlands of Spanish Fort Planned Unit Development (PUD) and zoned C-1, this property boasts prime development potential. Its strategic location offers unparalleled accessibility, situated near the intersection of major thoroughfares including Highway 181, Highway 31, and Interstate 10, ensuring high visibility and convenient access for businesses and employees. The property's previous approval for a 52,800 square-foot office park demonstrates its suitability for a variety of commercial ventures. The address is on Jimmy Faulkner Drive, Spanish Fort, AL 36527, in Baldwin County. This ±5.15-acre lot is offered at $999,900. The property's proximity to Spanish Fort Middle School adds to its appeal and potential for synergistic development. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving community, ready for immediate development or future investment. The property is conveniently located near major transportation arteries, offering excellent connectivity and accessibility. This makes it an ideal location for a variety of commercial uses. The C-1 zoning provides flexibility for a range of development options.

    Property Features for 0 Jimmy Faulkner Dr

    General Information

    Property type
    Land
    Lot Size
    224,334 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8501745
    Latitude
    30.6994905

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    FAQs

    What type of property is this?
    Land - 5.15 Acres, C-1 Zoning, High Visibility
    Where is this land located?
    The property is located at Jimmy Faulkner Dr Spanish Fort, AL.
    What is the asking price?
    The asking price for this property is $999,900.
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    Jimmy Faulkner Dr 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
    Jimmy Faulkner Dr Spanish Fort, AL 36527
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