29753 Frederick BlvdDaphne, AL 36526

  • Automotive properties
  • 1,925 SF

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
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $290,984
    6.5%
    $268,600
    7%
    $249,415
  • Comparable approach

    Method
    Valuation
    Relative Method
    $135,499
    Geo Method
    $142,322
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $515,661
    Mixed-Use / Specialty
    $270,930
    Hospitality / Lodging
    $203,053
    Office
    $272,745
    Institutional / Educational
    $282,833
    Residential Income
    $330,915
    Multifamily
    $378,656
    Automotive / Energy
    $242,428
    Parking / Income-Based Land
    $80,411.20
    Restaurant / Food Service
    $147,929
    Healthcare / Senior Housing
    $274,463

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,402
$52,960
$107,960
$160,920
-
$333,221
$679,279
$1,012,500

FAQs

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