29753 Frederick BlvdDaphne, AL 36526

Property Details for 29753 Frederick Blvd

Year built

2012

Construction

WOOD

Lot size

1.14 AC

Property size (Sq ft)

1,925 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

32-08-34-0-000-002.056

APU

3208340000002056

Description

This exceptional commercial property presents a unique investment opportunity in Daphne, Alabama's thriving Renaissance District. Situated on a 1.14-acre lot (0.98 acres +/- usable) at the prominent Frederick Boulevard address, this property boasts unparalleled visibility and accessibility. The site is ideally positioned adjacent to Enterprise Rent-A-Car and enjoys close proximity to major thoroughfares like I-10, as well as a concentration of national retailers and restaurants including Sam's Club, Lowe's, several prominent car dealerships (Toyota, Honda, Hyundai, Nissan), and numerous hotels. The property currently features two single-story buildings totaling 5,461 square feet, constructed in 2012, and is zoned for commercial use, specifically auto shop and retail. The property is offered with flexible terms; the owner will consider outright sale, build-to-suit arrangements, or a ground lease. It's important to note that an existing cell phone tower on the site is not included in the sale, and mineral rights will not convey. This location offers exceptional potential for a variety of commercial ventures, capitalizing on the high traffic volume and strong retail presence in the immediate vicinity. The property is located in Baldwin County. Contact us today to explore this remarkable opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $383,246

  6.5%

  $353,766

  7%

  $328,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $328,325

  Geo Method

  $344,858

• Alternative Use

  Use

  Valuation

  Residential

  $298,415

  Hospitality

  $273,346

  Educational

  $227,421

  Medical

  $235,242

  Retail

  $353,766

Location Insight

City

Daphne

County

Baldwin

State

Alabama

Latitude

30.6596

Longitude

-87.858

CBSA code

19300

CBSA name

DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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