For Sale
$1,295,000

Monroe St Daphne, AL 36526

Prime 5.7-Acre Development Opportunity

Property Records
Source: https://www.saltercompany.com

Overview

Added:
Feb 17
Days on market:
71
This exceptional 5.7-acre parcel in Daphne, Alabama, offers a unique investment opportunity. Zoned R-4 High Density Residential, it allows for a potential density of 14 units per acre, totaling approximately 80 units. The property boasts stunning Mobile Bay views and includes existing pier pylons extending into the water. Utilities such as power, gas, water, and sewer are readily available. Preliminary site work has already been completed. Its convenient location is less than a mile south of I-10, providing easy access to major roadways including Highway 98, and is proximate to a wealth of amenities including shopping, dining, entertainment, a public boat launch, and established residential neighborhoods. The property's proximity to downtown Mobile, Daphne, Fairhope, and the Gulf Shores makes it highly attractive for residential development. The listed price is $1,295,000. This is a rare chance to acquire a significant waterfront property with high development potential in a thriving coastal Alabama community. Contact us today to learn more about this exceptional opportunity.

Highlights

  • 5.7-acre waterfront lot overlooking Mobile Bay with existing pier pylons.
  • High-density residential zoning (R-4) allows for up to 80 units.
  • Convenient location near I-10, Hwy 98, and local amenities.

Property Details for Monroe St

Property type
Land, Commercial land
Square Feet
248,292 SF
Price / Square Foot
$5.22
Elevators
N/A
Lot Size (sq. ft)
248,292 SF

Location Insight

City
Daphne
County
Baldwin
State
Alabama

FAQs

What type of property is this?
Land - Prime 5.7-Acre Development Opportunity
Where is the land located?
The property is located at Monroe St Daphne, AL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 5.7-acre waterfront lot overlooking Mobile Bay with existing pier pylons.; High-density residential zoning (R-4) allows for up to 80 units.; Convenient location near I-10, Hwy 98, and local amenities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Monroe St
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