Flex Space with Dock
10554 County Road 64, Daphne, AL 36526
For Sale
New
$2,200,000
Two buildings combine office and warehouse areas with paved parking and a fenced rear yard.
Property Size18,000 SF
Lot Size3.00 Acres
Price / SF$122.22
Days on Market1
Property Features for 10554 County Road 64
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Highway Access
Road Access
Fenced Yard
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Business Included
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Concrete
true
Restrooms,Other
Chain Link
Level,Rectangular Lot
2.6
20
647 x 172
false
Road Frontage (172)
Parking Lot
Asphalt
Slab
County Road
18000
2
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Shamrock Properties, LLC
(251) 220-5889
Listed By:
Katie Sondag
Source:
Sweetwillowrealty
Added: Nov 10
Last Checked: Nov 10 at 2:26PM
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.
The 18,000-square-foot flex property includes two buildings. The front structure has approximately 2,000 square feet of office space and an attached 10,000-square-foot warehouse. A separate 6,000-square-foot metal building at the rear contains a small heated and cooled office and a recessed dock well. Its fenced, paved yard accommodates truck maneuvering and parking. The front building has paved parking as well.
The property fronts County Road 64 and has access from that road and from Austin Road by a separate deeded paved ingress and egress route. It is approximately one mile from Hwy 181 and close to I-10. A Walmart and Italian Village complex is under construction at the County Road 64 and Hwy 181 corner.
A tenant occupies the property through the first week of December 2026, and the lease transfers to the buyer.
The property fronts County Road 64 and has access from that road and from Austin Road by a separate deeded paved ingress and egress route. It is approximately one mile from Hwy 181 and close to I-10. A Walmart and Italian Village complex is under construction at the County Road 64 and Hwy 181 corner.
A tenant occupies the property through the first week of December 2026, and the lease transfers to the buyer.
Key Highlights
- 18,000 square feet across two buildings
- Front building includes approximately 2,000 square feet of office and 10,000 square feet of warehouse space
- Rear building offers 6,000 square feet, a heated and cooled office, and 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.
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Who owns this building?
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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
$311,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 buildings combine office and warehouse areas with paved parking and a fenced 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 buildings; Front building includes approximately 2,000 square feet of office and 10,000 square feet of warehouse space; Rear building offers 6,000 square feet, a heated and cooled office, and a recessed dock well
