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Property profile & analytics
OFF-MARKET
Land

10758 Old Highway 31 Spanish Fort, AL 36527

23.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 23.9 ac (1,041,084 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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