28120 Us-98 Daphne, AL 36526
- Land
- 0.92 lot acres
Current Use by Public Records
- Land
Property Details for 28120 Us-98
- Lot size
- 0.92 lot acres
- Property type
- Land
Description
This exceptional 0.92-acre commercial lot presents a unique investment opportunity in Daphne, Alabama. Located on the east side of US Highway 98, this property boasts over 300 feet of frontage, ensuring high visibility and accessibility. The site is situated in a thriving retail corridor, benefiting from a daily traffic count exceeding 39,000 vehicles. Its strategic location adjacent to a Goodyear store further enhances its desirability. The property is zoned B-1 by the City of Daphne, offering a range of potential commercial uses. The asking price is $440,000, translating to approximately $478,261 per acre. With a total land area of 41,000 square feet, the list price per square foot is $10.98. Currently, the land is vacant, presenting a blank canvas for development. The lease on any existing structure expires October 29, 2024, representing a short remaining lease term of approximately 0.3 years. This prime location, coupled with its high traffic volume and favorable zoning, makes this property an ideal investment for developers and businesses seeking a prominent presence in Daphne's bustling commercial landscape. The property's address is 28120 US-98, Daphne, AL 36526, within Baldwin County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daphne
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.9116
- Latitude
- 30.6348
