Property profile

28720 Us Hwy 98 Daphne, AL 36526

OFF-MARKET
Other investment properties
Property ID
US03-0874466
4,527 SF 0.57 ac lot Built 1979
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

An office suite located on the north end of a one-story building featuring a wide foyer area, two large rooms, a utility area, and one bathroom. The suite has front and rear exits and is configured for independent operation within the building. Interior features include paint and LVP (luxury vinyl plank) flooring, with the HVAC described as newer. The building sits on a corner location on U.S. Highway 98 in the Lake Forest area of Daphne, with access off Van Buren, placing the property along a high-traffic highway corridor. The property includes a central credit union within the building, and outdoor maintenance plus water and dumpster services are provided by the owner. Any interested party should verify all details during due diligence.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1979
Construction WOOD
Total area 4,527 SF
Lot 0.57 ac (24,829 SF)
APN 43-03-06-0-004-018.001
UPID US03-0874466

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28720 Us Hwy 98 Daphne, AL 36526-7255
Daphne metro Census 10710 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
$356k
Blend (final) Blend
$305k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $820,000 +10.3%
Retail stores $760,000 +1.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28720 Us Hwy 98?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message