For Sale
$800,000

28905 US-98 Daphne, AL 36526

0.92-acre lot, former IHOP, high traffic.

Source: https://www.saltercompany.com

Overview

Added:
Feb 11
Days on market:
71
This exceptional 0.92-acre commercial parcel presents a remarkable opportunity in Daphne, Alabama. Previously occupied by an IHOP restaurant, this strategically located site offers significant potential for redevelopment. Situated on busy Highway 98, near I-10, this property enjoys high visibility and accessibility, ensuring substantial foot and vehicle traffic. The site's previous use as a restaurant makes it ideally suited for a similar venture, but other retail uses are also highly viable. The building size was 40,075 square feet. The property is available for sale at $800,000. Alternatively, the owner will consider a ground lease at an annual rate of $45,000. Furthermore, a build-to-suit option is also being considered by the owner, offering flexibility for prospective buyers or tenants with specific development plans. This prime location in Baldwin County, with its zip code 36526, presents a rare chance to acquire a highly visible and well-positioned commercial property in a thriving area. Don't miss this chance to capitalize on this exceptional opportunity.

Highlights

  • Prime 0.92-acre commercial lot in Daphne, AL, ideal for restaurant or retail.
  • Former IHOP location on busy Hwy 98 near I-10, high visibility.
  • Owner offers sale or ground lease ($45,000/year) and build-to-suit options.

Property Details for 28905 US-98

Property type
Land, Commercial land
Square Feet
40,075 SF
Price / Square Foot
$19.96
Elevators
N/A
Lot Size (sq. ft)
40,075 SF

Location Insight

City
Daphne
County
Baldwin
State
Alabama

FAQs

What type of property is this?
Land - 0.92-acre lot, former IHOP, high traffic.
Where is the land located?
The property is located at 28905 US-98 Daphne, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime 0.92-acre commercial lot in Daphne, AL, ideal for restaurant or retail.; Former IHOP location on busy Hwy 98 near I-10, high visibility.; Owner offers sale or ground lease ($45,000/year) and build-to-suit options.
How can I contact the broker?
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28905 US-98
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