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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

23701 Al-59 Robertsdale, AL 36567

8.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.11-acre commercial property boasts 300 feet of frontage on Highway 59 in Robertsdale, Alabama. Located in Baldwin County, this vacant land presents a significant development opportunity. The property is zoned B-2 General Business, allowing for a wide range of commercial uses. Utilities are readily available, and the site is relatively level, simplifying development plans. The asking price is $750,000, translating to approximately $92,478 per acre. The property's prime location on a major highway ensures high visibility and accessibility, making it ideal for retail, self-storage, or other commercial ventures. The parcel number is 05-42-07-36-0-000-006.000. A shared driveway is located to the north of the property. This is a rare opportunity to acquire a substantial tract of commercial land in a rapidly growing area with excellent potential for significant return on investment. The property's size and zoning make it suitable for a variety of development projects, catering to the needs of a thriving community. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Lot 8.11 ac (353,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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