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$ 2,200,000
Est. payment /mo
Active
22195 Cedar St Robertsdale, AL 36567-6613
0.5 Baths
19,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,000 sqft
Price per Sqft $115
Half Baths 1
Property Description
Prime Income-Producing Commercial Opportunity in the heart of Robertsdale, Alabama! This versatile **19,000± SF commercial property** on approximately **2.26 acres** offers exceptional flexibility for investors, owner-users, or businesses looking to expand. The property features an **80' x 140' x 16' warehouse** divided into five approximately **25' x 80'** units, plus a **40' x 40' x 16' open-span pole barn** ready for storage, fabrication, or future customization. The flexible layout allows for single-user occupancy, multiple tenants, or a hybrid owner-occupied investment.
Units 3 and 5 each include a **12' x 25'** framed office/storage area with a private restroom. Unit 6 features a **30' x 30'** framed office/work area with **two restrooms**, providing additional functionality for larger operations or administrative use.
For investors, the numbers make sense. Based on an average lease rate of **$10.00 per square foot annually**, the property has the potential to generate approximately **$190,000 in annual gross rental income** when fully leased. After estimated annual expenses for taxes, insurance, and maintenance, projected **Net Operating Income is approximately $177,000**, supporting the **$2,200,000 asking price at an approximate 8% capitalization rate**.
Located in one of Baldwin County's fastest-growing commercial markets, this property offers excellent accessibility, abundant parking, expansion potential, and strong long-term appreciation prospects. Whether you're seeking a business headquarters, a multi-tenant income-producing asset, or both, this property delivers outstanding value, flexibility, and investment potential in a thriving Gulf Coast market. Opportunities like this are becoming increasingly rare—schedule your private tour today. Buyer to verify all information during due diligence.
Units 3 and 5 each include a **12' x 25'** framed office/storage area with a private restroom. Unit 6 features a **30' x 30'** framed office/work area with **two restrooms**, providing additional functionality for larger operations or administrative use.
For investors, the numbers make sense. Based on an average lease rate of **$10.00 per square foot annually**, the property has the potential to generate approximately **$190,000 in annual gross rental income** when fully leased. After estimated annual expenses for taxes, insurance, and maintenance, projected **Net Operating Income is approximately $177,000**, supporting the **$2,200,000 asking price at an approximate 8% capitalization rate**.
Located in one of Baldwin County's fastest-growing commercial markets, this property offers excellent accessibility, abundant parking, expansion potential, and strong long-term appreciation prospects. Whether you're seeking a business headquarters, a multi-tenant income-producing asset, or both, this property delivers outstanding value, flexibility, and investment potential in a thriving Gulf Coast market. Opportunities like this are becoming increasingly rare—schedule your private tour today. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Listed by EXp Realty US • eXp Realty - US
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