Daphne, AL Specialty
9585 Milton Jones Rd, Daphne, AL 36526
27,317 SF Specialty Buildings For Sale
Property size:
27,317 SFLot size:
3.22 AcresPrice / SF:
$164/SF- Added:
- Feb 4, 2025
- Days on Market:
- 482
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 9585 Milton Jones Rd
General Information
- Standard status
- Active
- Property type
- Other specialty properties, Churches & religious facilities, Other mixed-use properties, Specialty properties, Mixed-use properties
- Size
- 27,317 SF
- Net Rentable
- 27,317 SF
- Total Parking Spaces
- 100
- Elevators
- N/A
- Lot size
- 3.22 Acres
Building Details
- Year Built
- 2012
- Year Renovated
- 2017
- Buildings
- 1
- Stories
- 3
Listing agent Dianne (251) 423-0325
Listing office (251) 423-0325
Listing date Feb 4, 2025
Overview
This remarkable 27,317 square foot property is situated on 3.22 acres in Daphne, Alabama. The property comprises three buildings offering significant space for a variety of specialized ventures. The main building, constructed in 2012, functions as a sanctuary and includes a welcoming lobby, conference room, laundry facilities, offices, and ample storage. Two additional buildings, completed in 2017, boast eight classrooms, a gymnasium, a full kitchen, a second laundry room, and further storage areas. This versatile property is well-suited for religious organizations, educational institutions, fitness centers, performing arts programs, or other similar uses. The expansive grounds provide ample parking, ensuring convenient access for attendees and staff. Its peaceful setting, combined with convenient access to shopping, dining, and entertainment, makes it an attractive location. The property enjoys proximity to excellent schools, Mobile Bay, and offers easy commutes to both Mobile, Alabama, and Pensacola, Florida. This exceptional property offers a blend of functionality, space, and location, making it an ideal choice for a wide range of specialized businesses or organizations. The property's modern amenities and peaceful setting create an inviting atmosphere for events, services, or community programs.
Local Financial Insights For Mixed Use
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 | $442.5k | $16.20 |
| − Vacancy | −$37.6k | −$1.38 |
| EGI | $404.9k | $14.82 |
| − OpEx | −$151.8k | −$5.56 |
| NOI | $253.1k | $9.26 |
27,317 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$3.62M
$3.16M – $4.22M
NOI $253,075 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.57M
$5.75M – $7.66M
NOI $459,843 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Restoration Fellowship Ministries
Church
RFM LEARNING ACADEMY
Daycare Center
Location Insight
- Map
- Local Demand
- City
- Daphne
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.859266
- Latitude
- 30.597541
Nearby Similar for Sale
FAQs
What type of property is this?
Specialty property - 27,317 SF Specialty Buildings For Sale
Where is this specialty property located?
The property is located at 9585 Milton Jones Rd Daphne, AL.
What is the asking price?
The asking price for this property is $4,500,000.
