Industrial Land with Quonset
For Sale
Under Contract
$179,000
16945 State Highway 104, Silverhill, AL 36576
LAND - Silverhill, AL
Property Size1,720 SF
Lot Size1.60 Acres
Price / SF$104.07
Days on Market152
Property Features for 16945 State Highway 104
General Information
Property type
Land
Property subtype
Other
Zoning
SingleFamily
Lot features
Land
Elementary school
Silverhill Elementary
Middle school
Central Baldwin Middle
High school
Robertsdale High
Directions
from hwy 59, go west on hwy 104, the property is on the right next to Oscar Johnson Park.
Subdivision
Baldwin
Standard status
Active Under Contract
APN
47-01-02-4-000-006.004
Lot size
1.60 Acres
Taxes and HOA fees
Tax Description
180 X 381.9' IRR
Tax Annual Amount
595
Legal Description
180 X 381.9' IRR
Utilities
Water front features
Waterfront
Building Details
Year built
1940
Listing Agency:
Southern Roots Real Estate
(251) 269-2640
Listed By:
Todd M Hull · License #109998
(251) 269-2640
Added: Mar 5
Changed: Aug 4
Last Checked: Aug 4 at 10:06AM
MLS# 393319
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This versatile property consists of a partially cleared lot of approximately 1.6 acres, along with a 1,720-square-foot Quonset steel building. The existing structure can support storage or a workshop setup, with room to adapt for future expansion. The property is presented with flexibility for either a private residential home site or commercial use, subject to buyer due diligence and confirmation of all details.
Located on the outskirts of Silverhill, the property is positioned for convenient access to Fairhope, Interstate 10, and the Gulf Shores beaches. It also offers proximity to shopping, dining, and coastal attractions.
The site is zoned Single Family Residence. Buyer is responsible for verifying all information during due diligence.
Located on the outskirts of Silverhill, the property is positioned for convenient access to Fairhope, Interstate 10, and the Gulf Shores beaches. It also offers proximity to shopping, dining, and coastal attractions.
The site is zoned Single Family Residence. Buyer is responsible for verifying all information during due diligence.
Key Highlights
- Partially cleared lot on the outskirts of Silverhill, offering space for a future home site or development.
- Includes a 1,720‑square‑foot Quonset steel building for storage, workshop use, or future expansion.
- Property can support residential home site and commercial use, depending on buyer plans.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.4k | $7.80 |
| − Vacancy | −$644 | −$0.37 |
| EGI | $12.8k | $7.43 |
| − OpEx | −$1.9k | −$1.11 |
| NOI | $10.9k | $6.31 |
1,720 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$155.1K
$135.7K – $180.9K
NOI $10,856 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.6K
$361.9K – $482.6K
NOI $28,954 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 36576, AL
5,228
Population
2,183
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
19.5 sq mi
ZIP Area
268
Density / Sq Mi
$78,227
Median Household Income
$43,992
Median Earnings
$985
Median Rent
$235,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Partially cleared lot on the outskirts of Silverhill, featuring a Quonset steel building for storage or workshop use.
Where is this residential land & home lot located?
The property is located at 16945 State Highway 104 Silverhill, AL.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Partially cleared lot on the outskirts of Silverhill, offering space for a future home site or development.; Includes a 1,720‑square‑foot Quonset steel building for storage, workshop use, or future expansion.; Property can support residential home site and commercial use, depending on buyer plans.
