20438 AL-59 Summerdale, AL 36580
43 +/- acres with 656 feet of frontage on Hwy 59, between Summerdale & Robertsdale, next to a Tractor Supply business. This part of the County is “unzoned” so no municipalities control what can be done, although subdivisions do need to comply with subdivision regulations. Conceptual plan has 94 lots and 4 +/- acres of commercial acreage (owner will consider selling the commercial frontage sepately). Gently sloping, elevations are: north end is 99', south end is 85'. Docs attached are: survey, zoning verification, conceptual plan. Owner has an appraisal of $3,000,000+, dated June, 2023.
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.