I looked up commercial property for sale in the Spanish Fort area and found some in the 400 to 500 thousand price range. Commercial land starts at 85 thousand in the I-10 Commerce Center. It runs about the same in Mobile. I also found a couple of nice ones there. You can see from these prices what it would cost to buy ready built. It hard to say how much it would cost to build without talking to a builder.
I look up rental property in the Spanish Fort and Mobile area. I picked like properties in Spanish Fort and Mobile. The property tax for the Spanish fort house was $998 and the Mobile was $1625. The Spanish Fort rented for $1600 amonth and the Mobile one for $1332 a month. I also compared 1800-2000sqft in both areas and Spanish Fort was between 165 and 240 thousand. In Mobile there is a wider range in price for the same sqft 100-250 thousand.
Baldwin County schools have a lot to offer.
I can send you the properties that I pulled.
I know that I didnt really answer your question I just gave you the facts that i found so that you could judge for yourself.... more