1.41

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1.41

Daphne, AL 36526
Asking Price
$175K
Asset Type
Land
Class
Class B

What's Special

Situated at 1.41 Daphne, Alabama, this land parcel is positioned in a growing suburban corridor characterized by a mix of residential developments and established commercial centers. The site offers proximity to major retail hubs and local services along the Highway 98 arterial, providing essential neighborhood amenities within a short drive. Accessibility is a primary feature, with the property located near key transportation routes that connect Daphne to the broader Mobile Bay area and Interstate 10, facilitating efficient regional transit. The property is suited for commercial development or professional office space, aligning with the area’s evolving land-use patterns. Potential use cases include medical offices, boutique retail, or service-oriented businesses aiming to capture local traffic. Typical tenants or owner-users would likely include regional service providers, healthcare groups, or small-scale developers seeking to establish a presence in the Eastern Shore market. The buildable area supports versatile configurations tailored to standard commercial requirements.

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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346

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