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Property profile & analytics
OFF-MARKET
Neighborhood centers

28260 Us-98 Daphne, AL 36526

Property ID
Property summary
AI-generated overview

Lake Forest Business Plaza offers a prime retail opportunity in Daphne, Alabama. This strip center boasts a highly visible location directly on Highway 98, conveniently situated just 1.1 miles south of I-10, ensuring excellent accessibility and high traffic volume. Currently, one vacant space totaling approximately 2,509 square feet is available, representing a turnkey solution ideal for medical practices or general office use. The space is adaptable and could easily accommodate a variety of businesses. The potential for tenant improvement allowances adds further value to this exceptional offering. This location benefits from its proximity to a thriving business community; Baldwin County is home to over 6,000 businesses, with more than 170 new businesses established annually, indicating a robust and growing market. The available space offers a maximum contiguous area of 5,830 square feet, providing flexibility for expansion or multi-tenant configurations. The total vacant space within the center is 10,259 square feet, presenting additional opportunities for future growth and development. The property's parcel number is 05-43-03-71-0-007-001.009, located in Baldwin County. This is a rare chance to secure a well-positioned retail space in a dynamic and expanding market. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Neighborhood centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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