Catylist ID:
#30850758
Storage Facility / Covered RV & Boat Storage / Build 2023
Industrial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: | 30850758 |
| Property Subtypes: | Self Storage |
| Building Size (RSF): | 104,100 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 6.50 Acres |
| Sale Price: | $2,625,000 |
| Unit Price: | $25.22 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment, Business |
| Building Name: | GulfGate RV & Boat STorage |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Last Updated: | 4/15/2024 |
Overview / Comments
|
EXCLUSIVE STORAGE FACILITY - SECURE YOUR INVESTMENT NOW! Introducing a fantastic opportunity to acquire a newly built and opened in April 2023 storage facility. Perfect for investors and businesses in Baldwin County or nearby! This incredible property boasts a spacious lot size of 6.5 acres, with 190 parking units total, 110 - covered and 80 - open. Whether you're storing boats, RVs, other vehicles, or equipment, this facility has you covered! Perfectly located at the intersection of Hwy 59 and County Road 32 in Summerdale, AL. Featuring a prime spot, this property has excellent visibility and accessibility. Plenty of space to accommodate your customers. The convenience of gated access allows for maximum security, ensuring peace of mind for both you and your clients. Plus, with 24-hour access, your tenants can retrieve their belongings at any time, making it an even more attractive option. Constant area population growth and steady tourist traffic create a booming demand for storage in this area. The projected rent price per covered lot is $150/month and $50 - for an open lot. This facility is expected to attract a steady stream of customers, ensuring excellent rental income potential for the new owner. The seller will consider financing with a 10% downpayment and 7% interest |
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-48-09-31-4-000-005.005 |
| Zoning: | B-2 |
| Property Located Between: | State Hwy 59, Co Rd 32 |
| Highway Access: | Hwy 59 |
| Site Description: | Located at the intersection of Hwy 59 and Co Rd 32 in Summerdale, with easy access to Hwy 59 and excellent visibility. |
| Area Description: | Surrounded businesses include car dealership, portable building manufacturer, tool store, gas stations, glass repair shop, USPS, and more. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2023 |
| Roof Type: | Other |
| Construction/Siding: | Metal Siding |
| Parking Type: | Structure |
| Parking Description: | There are 110 covered parking lots, and 80 - uncovered |
| Total Parking Spaces: | 190 |
| Zoning Description: | Industrial |
| Lot Frontage: | 250 |
| Lot Depth: | 1170 |
| Water Service: | None |
| Sewer Type: | None |
| Land Ownership: | Full |
| Legal Description: | 6.5 AC LOT 5-A FIRST DIVISION OF LOT 5 32 COMMERCIAL SUBDIVI SION SLIDE 2744-A 2743-F 2722-B AMENDED SLIDE 2655-C IN THE CITY OF SUMMERDALE SEC 31-T6S-R4E (WD)_ |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 7,414 | 20,001 |
| Median Age: | 41.93 | 39.72 |
| Households: | 2,929 | 7,686 |
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