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    316 AL-59 Summerdale, AL 36580

    • Land
    For Sale
    View listing
    $500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 316 AL-59

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    Commercial land situated directly on Hwy 59 in the growing town of Summerdale, AL. It’s strategic location on Hwy 59, known for its high traffic count, guarantees optimal exposure for any business venture. It is also centrally located between the beach and I-10. Prime location for an office building, bank, church, hotel/motel, bed and breakfast, major auto repair, automobile sales, and more. Current zoning is B-2. Zoning ordinance is included in with the listing photos and outlines all the potential uses. PPIN: 238326 is also available for purchase for $950,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summerdale
    County
    State
    Alabama
    Longitude
    -87.7084
    Latitude
    30.5006

    Comparable in this City

    • Value Estimation by Request

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      2.09 - 2.1 Acres Land For Sale - Commercial Lot in Summerdale

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      15 AC Land For Sale, Baldwin Beach Express

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      13.5 Acres Land For Sale - Lot 1 County Road 32

      13.5 Acres Land For Sale - Lot 1 County Road 32
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      18 Acres Land For Sale - 19127 Highway 59

      18 Acres Land For Sale - 19127 Highway 59
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      11 Acres Foley Beach Express and County Road 73 For Sale

      11 Acres Foley Beach Express and County Road 73 For Sale
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    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $15 SF/Yr
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      Highway 59 space, flexible lease options.
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      18,000 SF Warehouse/Retail Space in Alabama
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    316 AL-59
    Summerdale, AL 36580
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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