This 0.92-acre parcel, located at 28905 Highway 98 in Daphne, Alabama (zip code 36526), is zoned B2 and presents a fantastic opportunity for commercial development. Previously occupied by a restaurant, this site is ideally suited for a quick-service restaurant (QSR) or other retail establishment. Its prime location near Interstate 10 on busy Highway 98 ensures high visibility and accessibility. The asking price is $800,000, but the owner is also open to a ground lease at $45,000 per year. Furthermore, a build-to-suit option is available, offering flexibility for potential buyers or lessees to tailor the property to their specific needs. This property is situated in Baldwin County and offers significant potential for investors seeking a high-traffic location in a thriving commercial area. The site's history as a restaurant provides a solid foundation for a similar venture or a creative alternative. Don't miss this chance to acquire a highly visible and strategically located commercial property in Daphne, Alabama.
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
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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.