Lot 5: 0.99 Acres, County Road 64 and Friendship Road, Daphne, Alabama

25732 Friendship Road Daphne, AL 36526

25732 Friendship Road , Daphne, AL, 36526
25732 Friendship Road , Daphne, AL, 36526
FOR SALE
Property Type:
Commercial Land Development
Amount:
$115,000
Last Verified:
Apr 13, 2021


Description

Lot 5 off Friendship Road and County Road 64 in Daphne, Alabama is located in the center of Alabama’s fastest growing county. The area has shown rapid and aggressive growth in multifamily, residential, and business development, and that is expected to continue. Approximately 5000 people move to Baldwin county each year making all residential and commercial inventory slim and competitive. From 2010 to 2019, Daphne has shown a 24.3% population increase, and that number is only growing. The site’s excellent visibility is complimented by traffic counts of 13,294 annual average traffic daily on County Road 64.

Lot 5 off Friendship Road and County Road 64 in Daphne, Alabama is located in the center of Alabama’s fastest growing county. The area has shown rapid and aggressive growth in multifamily, residential, and business development, and that is expected to continue. Approximately 5000 people move to Baldwin county each year making all residential and commercial inventory slim and competitive. From 2010 to 2019, Daphne has shown a 24.3% population increase, and that number is only growing. The site’s excellent visibility is complimented by traffic counts of 13,294 annual average traffic daily on County Road 64.

Lot Size: 0.99 acres

Map of 25732 Friendship Road , Daphne, AL, 36526

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.