Technical
Financial
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Property profile

0 Johnson Rd Daphne, AL 36526

OFF-MARKET
Land
5.91 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 5.91 ac (257,440 SF)

Cap rate & NOI

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

Location

Johnson Rd Daphne, AL 36526
Daphne metro
Google Maps

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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