8.5 aces in Foley - Income Producing
Industrial
for Sale
Catylist Listing ID: |
30876968 |
Property Subtypes: |
Mixed Use, Self Storage
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Building Size (RSF): |
10,000 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
8.50 Acres
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Sale Price: |
$2,500,000 |
Unit Price: |
$250 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment, Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/18/2024 |
Overview / Comments
Don't miss this opportunity! The enclosed building is 10,000sf with 6,000sf used for office area and 4,000 sf for covered garage area. The interior consist of several office, bathrooms, reception area, and kitchen. Currently 36 cover RV/Boat storage with 30 amp outlets plus 44 open storage area. The land and current buildings are for sale along with storage income. You have plenty land to expand for additional storage building to be built. Great exposure on City Rd 65, less than 500 yards from Hwy 98 and 2 miles from Hwy 59.
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Additional Details
Nearest MSA: |
Daphne-Fairhope-Foley |
County: |
Baldwin |
Tax ID/APN: |
05-54-09-30-0-000-001.008 |
Zoning: |
PPD |
Highway Access: |
Located off City Rd 65, north of Hwy 98 |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1998 |
Construction/Siding: |
Brick/Aluminum Siding |
Parking Type: |
Surface |
Heat Type: |
Electricity |
Part of Planned Development?: |
Yes |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
5.8 AC(C) COM AT THE NW COR OF SEC 30 RUN E 42.75 TO THE E R W OF CO HWY 65 TH S 1329.2 TH E 580.9 FOR POB TH CONT E 330 TH S 762.9 TH W 330 TH N 764.5 TO POB SEC 30-7 S-R4E (WD)
60 X 580.9 IRR LOT 4 FISHER SUB SLIDE 1794-B LYING IN THE SW1 4 OF NW1 4 SEC 30-T7S-R4E (WD) |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
974 |
15,584 |
25,376 |
Median Age: |
38.03 |
39.8 |
41.12 |
Households: |
367 |
6,252 |
10,289 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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