12951 Co Rd 87 Elberta, AL 36530
Unzoned 5-acre parcel available at the signalized corner of US-98 and County Road 87, just outside Elberta. US-98 is the main road connecting south Baldwin County to Florida; Baldwin County is one of the fastest growing counties in the USA and in Alabama. Along this section of US-98, traffic count averages 13,000 cars per day, with consistent traffic from the elementary school next door during the school year and tourists in the summer. Perfect spot for a gas station, C-store, or farming lease. Currently there is +/-0.81 acres cleared along the US-98 frontage. Owner would consider splitting the 5-acre parcel into two 2.5-acre leases.
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
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.