REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,795,000
Est. payment | /mo
$ 1,795,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 398128
HOA Y/N No
Year Built 2000
Property Sub-Type Land
Source Baldwin County
Property Description
CANAL ROAD SELF-STORAGE | 8.68% CAP RATE | $155,782K NOI | ORANGE BEACH Rare opportunity to acquire a stabilized self-storage and equipment rental investment in the heart of Orange Beach, Alabama. Offered at $1,795,000 and generating approximately $155,782 in Net Operating Income, this asset delivers an attractive 8.68% cap rate in one of the Gulf Coast's supply-constrained markets. Located on highly traveled Canal Road, the property consists of approximately 11,760 square feet of rentable improvements situated on 1.67 acres. The facility includes 33 rental units with multiple income streams from self-storage, covered equipment storage, and outdoor rental opportunities serving local residents, contractors, marine operators, and seasonal visitors. Positioned minutes from Orange Beach marinas, waterfront communities, retail centers, and major transportation corridors, the property benefits from strong year-round demand and limited competing commercial inventory. The site offers excellent accessibility for trucks, trailers, boats, and equipment with ample maneuvering space and room for efficient operations. Investment Highlights• Offered at $1,795,000• 8.68% Cap Rate• Approximately $155,782 NOI• 11,760 SF of Rentable Improvements• 1.67 Acres• 33 Income-Producing Units• Built in 2014• Multiple Revenue Streams• High-Visibility Canal Road Location• Strong Existing Cash Flow• Potential Rental Rate Growth• This is a rare opportunity to acquire a cash-flowing commercial asset in Orange Beach with immediate income, strong market fundamentals, and long-term appreciation potential. Financial information available upon request. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Exterior
Utilities Available Baldwin EMC, Other/See Remarks, Orange Beach Water Auth
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Building
Lot Description Lot
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Orange Beach Middle
High Schools Orange Beach High
Others
Special Listing Condition None
Listed by RE/MAX of Orange Beach
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs