3I Cypress Way Spanish Fort, AL 36527
This exceptional 1.63-acre commercial land parcel presents a unique investment opportunity in the thriving Spanish Fort, Alabama market. Located at Lot 3I Cypress Way, this property boasts a prime location at the corner of Town Center Avenue and Cypress Way, directly adjacent to established businesses such as Wells Fargo and the Courtyard by Marriott. The B-3 zoning designation offers considerable flexibility, permitting the development of a wide range of uses, including but not limited to hospitals, clinics, convalescent homes, nursing homes, memory care facilities, assisted living facilities, or extended care facilities, subject to prior Planning Commission approval. The property's strategic location ensures high visibility and accessibility, benefiting from significant traffic counts and prominent sign bands. With easy access and interstate frontage, this site offers unparalleled exposure and convenience for any commercial venture. The asking price is $564,000, translating to $346,012 per acre, reflecting the exceptional value and potential of this land. The parcel's APN is 05-32-09-31-0-000-007.013. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area of Baldwin County, Alabama, zip code 36527.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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