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Property profile & analytics
OFF-MARKET
Land

851 US-98 Daphne, AL 36526

Property ID
Property summary
AI-generated overview

Herrington Realty is pleased to present an exclusive opportunity to purchase 3 +/- acres of land in Daphne, Alabama. The property is an outparcel to a new construction Tractor Supply with commercial frontage on Highway 98, which sees over 36,000 vehicles per day. The 3-acre parcel is surrounded by national retailers including Target, Harbor Freight, Chick Fil A, Popeyes, Staples, and many more. The subject property is in Daphne, Alabama, situated along the eastern shore of Mobile Bay which provides easy access to major highways and the major city of Mobile. Baldwin County, home to Daphne, is one of the fastest-growing counties in Alabama with a thriving economy and increasing population. This growth, coupled with the Daphne’s high quality of life and supportive business environment ensures a strong customer base and promising potential for commercial success.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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