Office Building with 5 acres

Office for Sale
Sale Pending
Catylist Listing ID: 30758897
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 1,250 SF
Gross Building Area: 5,000 SF
Gross Land Area: 5 - 5.20 Acres
Sale Price: $179,000
Unit Price: $143.20 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

This property located in an opportunity zone is loaded with possibilities. Starting with a 5000 sq. ft building with 4 separate 1259 sq ft units/offices. Each unit has 10 x 12 rollup doors and 15ft eve height. Two units are currently leased month to month as a night club. One unit is an open warehouse setting with pallets, and the fourth unit is a well laid out office. The big opportunity is the 5.2 acres of remaining property. Future self storage? Boat and RV? Bayminette is an up and comer with the last remaining Mega Site in Alabama. This is a perfect opportunity to take advantage of an incredible deal while values are still low.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-23-05-21-1-000-022.000
Zoning: M1
Property Visibility: Good
Highway Access: 15 minutes to Interstate I65, and 25 minutes to Interstate I10
Airports: Bayminette, Pensacola, and Mobile
Site Description: 5.2 acres of level property. Easy access.
Area Description: Bayminette is a older City with New leadership poised on growth, and new industry. The last remaining Industrial Mega site in Alabama is minutes from this location. With the electrification of the Auto Industry some see the mega site as prime for an Auto Manufacturer, or Auto Battery manufacturer and its suppliers.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2008
Legal Description: 23-05-21-1-000-022.000

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,294 11,148 11,148
Median Age: 33.11 36.56 36.56
Households: 702 3,924 3,924
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.