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Property profile & analytics
OFF-MARKET
Land

0 Us Highway 90 Daphne, AL 36526

12.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 12.1 ac (527,076 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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