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$ 1,795,000
Est. payment | /mo
1.67 Acres Lot
$ 1,795,000
Est. payment | /mo
1.67 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 398128
Annual Tax Amount $7,210
Lot Size 1.671 Acres
Property Sub-Type Unimproved Land
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 most sought after and 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 County
Exterior
Utilities Available See Remarks
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Building
Lot Description Lot, 1-3 acres
Water Orange Beach Water Auth
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Orange Beach Middle
High Schools Orange Beach
Others
Senior Community No
Ownership Whole/Full
Listed by RE/MAX of Orange Beach
Nearby School & Business