Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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