0 Us Highway 90 Daphne, AL 36526
This exceptional 12.1-acre commercial land parcel presents a remarkable development opportunity in Daphne, Alabama's thriving retail and hospitality corridor. Strategically located on US Highway 90, this property boasts high visibility and accessibility, situated approximately 0.7 miles east of Highway 98 and conveniently south of Interstate 10. The expansive lot offers significant frontage, with approximately 914 feet along Highway 90 and 928 feet along I-10, maximizing exposure to a substantial daily traffic volume. The site is zoned B2, allowing for a wide range of commercial uses, making it ideal for retail establishments, hospitality ventures, or a mixed-use development. All necessary utilities are readily available on-site, simplifying the development process and minimizing upfront infrastructure costs. With its prime location, ample size, and versatile zoning, this property represents a rare chance to capitalize on the robust growth and high demand within Daphne's dynamic commercial market. The property's Assessed Parcel Number (APN) is 05-32-09-32-0-001-001.011. The asking price for this exceptional opportunity is $2,300,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.