0 Old Highway 31 Spanish Fort, AL 36527
This exceptional 187-acre property presents a unique investment opportunity in Spanish Fort, Alabama. Strategically located near the Eastern Shore Center, this expansive land parcel offers significant development potential. The property boasts diverse zoning classifications, including B-3 and R-1, with a portion also falling under County Unzoned designations. This allows for a wide range of commercial and potentially residential uses, subject to local approvals. The total acreage encompasses approximately 2.62 to 187 acres, providing flexibility for various project scales. Access is provided via Old Highway 31, ensuring convenient connectivity. A portion of the land lies within the Spanish Fort city limits, while another portion is situated outside, offering diverse development options. The property's proximity to the Eastern Shore Center provides excellent visibility and accessibility, making it an attractive location for businesses seeking high-traffic areas. The seller is open to selling the entire parcel or individual sections, catering to various investment strategies and project sizes. Detailed zoning information and survey data are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of Baldwin County. Contact us to explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.