0 Johnson Rd Daphne, AL 36526
This exceptional 5.91-acre commercial land parcel is strategically located at the last major traffic signal leaving Daphne, Alabama, on the southeast corner of Highway 98 and Johnson Road. The property boasts an R-4HD zoning designation, offering a wide range of development possibilities. Its prime location is further enhanced by its adjacency to a newly constructed apartment complex with over 200 units, ensuring high visibility and potential for synergistic development. The asking price for this highly desirable tract is $1,850,000, translating to approximately $313,029 per acre. This represents a significant opportunity for investors and developers seeking a well-positioned site in a rapidly growing area. The property is also available for ground lease, providing additional flexibility for potential tenants. Given its size, location, and zoning, this parcel presents a unique chance to capitalize on the thriving commercial landscape of Daphne, Alabama, and its proximity to a substantial residential population. Detailed site plans and zoning information are available upon request. Don't miss this exceptional investment opportunity.
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
Similar Nearby for Lease
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.