Fenced Flex Space
10554 County Road 64, Daphne, AL 36526
For Sale
$2,200,000
Two-building commercial facility with paved access, office areas, warehouse space, truck loading, and a secured rear yard.
Property Size18,000 SF
Lot Size3.00 Acres
Price / SF$122.22
Days on Market48
Property Features for 10554 County Road 64
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Fenced Yard
Additional Details
Business Included
Office Build-Out
Building Details
Buildings
Listing Agency:
Shamrock Properties, LLC
Listed By:
David Kahalley · License #1096_10
(125) 153-3944
Source:
Thekimandbrianteam
Added: Sep 20
Changed: Nov 4
Last Checked: Nov 6 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shamrock Properties, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 18,000-square-foot flex property spans 3 usable acres and includes two principal buildings. The County Road 64 building contains approximately 2,000 square feet of office space attached to a 10,000-square-foot warehouse, with paved parking at the front. A separate 6,000-square-foot metal building provides a small heated and cooled office, recessed dock well loading, and a fully fenced paved yard with room for 18-wheelers and multiple vehicles.
The rear building can be reached from County Road 64 or through a separate deeded paved ingress and egress road from Austin Road. The property is close to I-10 and approximately one mile from Hwy 181. It is currently occupied through the first week of December 2026, with the lease transferring to the buyer.
The rear building can be reached from County Road 64 or through a separate deeded paved ingress and egress road from Austin Road. The property is close to I-10 and approximately one mile from Hwy 181. It is currently occupied through the first week of December 2026, with the lease transferring to the buyer.
Key Highlights
- 18,000 square feet across two main buildings on 3 usable acres
- Front building includes approximately 2,000 square feet of office space and a 10,000‑square‑foot warehouse
- Rear building is a 6,000‑square‑foot metal structure with a recessed dock well
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,612
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,272,240
$2.3M
Cap Rate 7%
$1,623,029
$1.6M
Cap Rate 9%
$1,262,356
$1.3M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$140.4K $7.80/SF
− Vacancy
−$6.7K −$0.37/SF
EGI
$133.7K $7.43/SF
− OpEx
−$20.0K −$1.11/SF
NOI
$113.6K $6.31/SF
Area
Baldwin County, AL
Vacancy
4.80%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,272,240
Cap Rate 7%
$1,623,029
Cap Rate 9%
$1,262,356
Alternative Uses
Best Use
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,612 @ 7.0% cap · market cap 5.16%
Second Best
Flex RnD
$1.52M
$1.33M – $1.78M
NOI $106,627 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,005 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36526, AL
35,720
Population
14,074
Households
2.5
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
37.7 sq mi
ZIP Area
947
Density / Sq Mi
$90,733
Median Household Income
$50,049
Median Earnings
$1,353
Median Rent
$311,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Baldwin County, AL
Properties on Market for Flex space in Baldwin County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial facility with paved access, office areas, warehouse space, truck loading, and a secured rear yard.
Where is this flex space located?
The property is located at 10554 County Road 64 Daphne, AL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 18,000 square feet across two main buildings on 3 usable acres; Front building includes approximately 2,000 square feet of office space and a 10,000‑square‑foot warehouse; Rear building is a 6,000‑square‑foot metal structure with a recessed dock well
