2417 Us-31 Bay Minette, AL 36507
This exceptional commercial property, located at 2417 US-31 in Bay Minette, Alabama (zip code 36507), presents a unique investment opportunity. The 1,455 square foot building sits on a substantial 1.4-acre lot, boasting 160 feet of high-visibility frontage on US Highway 31/State Highway 59. The property is zoned B2 commercial, allowing for diverse uses including traditional office space, medical facilities, potential Planned Unit Development (PUD), or retail ventures. The building itself has undergone a complete remodel, making it move-in ready for immediate occupancy. Its large footprint offers ample space for storage and future expansion, catering to a variety of business needs. This prime location in a high-traffic area is perfectly positioned to capitalize on the anticipated growth of Bay Minette. The asking price is $289,000, translating to $198.63 per square foot. Note that Alabama's Right of Redemption law may apply. This is a rare opportunity to acquire a fully renovated, high-visibility commercial property in a thriving Alabama market. The property is situated in Baldwin County and offers significant potential for immediate return on investment and long-term growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.