Technical
Financial
Distress signals
Property profile

28905 Hwy Daphne, AL 36526

OFF-MARKET
Land
0.92 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28905 Hwy Daphne, AL 36526
Daphne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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