10758 Old Highway 31 Spanish Fort, AL 36527
This exceptional 187-acre commercial land opportunity in Spanish Fort, Alabama, presents a unique investment prospect. Strategically located just east of the Eastern Shore Center, the property boasts convenient access to Old Highway 31. The land is comprised of several parcels, offering flexibility for various development scenarios. A portion of the property falls within the Spanish Fort city limits, while another portion lies outside, providing diverse zoning options. Specifically, parcels adjacent to the Eastern Shore Center are zoned B-3, with one parcel zoned R-1. Additionally, several unzoned parcels are available, allowing for a wider range of potential uses. The property's size allows for subdivision to accommodate specific client needs and project requirements. Prospective buyers should note that mineral rights are not included in the sale. All transactions are subject to the approval of the Board of Directors. This prime location and substantial acreage make this an ideal investment for developers seeking a large-scale project with significant potential. The property's proximity to the Eastern Shore Center ensures high visibility and accessibility, making it an attractive location for a variety of commercial ventures. Detailed zoning information and parcel maps are available upon request.
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
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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.