storage/warehouse/ Multi purpose
Retail-Commercial
for Sale
| Catylist Listing ID: |
30707897 |
| Property Subtypes: |
Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
|
| Building Size (RSF): |
15,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
175,433 SF
|
| Sale Price: |
$1,250,000 - 2,500,000 |
| Unit Price: |
$83.33 - 166.67 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
RJ's storage |
| Sale Terms: |
Undisclosed, Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
40 |
| Last Updated: |
4/9/2021 |
Overview / Comments
3.2 +- acres 7 parcels RJ's storage/(currently closed Port city Pawn shop) Lots of information.1487+- road frontage on Hwy 59 located in Foley Al. $8,070 stated income!! Owner will sell all or part. 2 office/warehouse buildings. 6 billboards (to be confirmed) (confirmed boards are generating $2900 a month, with potential for another $1300.00. Boards are filling up.
Huge Pawn shop warehouse Industrial type building 50 x 60 (3000 sq ft, 1200 up/ 4200 sqft total) 2 roll up doors. 76 plus doors currently not including all the outside buildings. On the pawn shop side 8 additional storage buildings and 3 carports+- Also on the pawnshop south end of properties there are 2 doubled sided bill boards. Additional grandfathered lighted sign and 4 driveways. North side of property is RJ's Storage facility which consists of 28 x 28 office built in 2011. 2 offices, breakroom and bathroom. Storage facility consists of 22 doors on the main building that are 10 x 20 in size. Eleven on the front and eleven on the back side. 9 mini storage buildings with approximately 54 doors. Approx. three (8 x 12)'s and three (6 x 8)'s per building. Stated Rents from owner is $8,070 per month, $96,840 GOI with 60% vacancy..
Stated income (on this less than 40 occupied site) is $8070.00 per month which includes bill boards and the storage rentals. All information to be updated and verified. Another 20 x 24 available bill board on the northern parcel. Plenty of room to expand storage. Owner will entertain selling all or part. Many possibilities, property needs a vision. VIP Location with High visibility. Contact agent today. Set up appointment to meet with the owner.
This is a one of a kind opportunity. Call today.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
05-54-02-09-0-000-033.001 |
| Zoning: |
UNZONED |
| Retail Clientele: |
General, Family, Business, Tourist |
| Property Located Between: |
Gulf Shores Foley |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Baldwin Beach Express and Hwy 59 |
| Feet of Frontage: |
1,400 |
| Highway Access: |
hwy 59 |
| Site Description: |
PPIN #s 48731,202289,103661,105111,72770,84934 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
15 |
| Property Condition: |
Good |
| Year Built: |
2011 |
| Zoning Description: |
unzoned District 18 Foley ETJ |
| Lot Frontage: |
1487 |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Legal Description: |
PPINs # 48731, 202288, 202289, 103661, 105111, 72770, 84934 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,316 |
22,642 |
| Median Age: |
45.88 |
39.38 |
| Households: |
2,219 |
9,023 |
|
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