Two-Building Flex
10554 County Road 64, Daphne, AL 36526
For Sale
$2,200,000
Commercial Sale, Daphne, AL
Property Size18,000 SF
Lot Size2.46 Acres
Price / SF$122.22
Days on Market51
Property Features for 10554 County Road 64
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Building Details
Buildings
Listing Agency:
Shamrock Properties, LLC
(251) 533-9445
Listed By:
David Kahalley · License #77246
(125) 153-3944
Added: Sep 17
Changed: Oct 27
Last Checked: Nov 6 at 9:06PM
MLS# 410900
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.
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Investment Insights
Based on property information with market context.
This flex property in Daphne, Alabama, includes two buildings totaling 18,000 square feet. The County Road 64 building provides approximately 2,000 square feet of office area alongside a 10,000-square-foot warehouse, with paved parking at the front. A separate 6,000-square-foot metal building includes a small heated and cooled office, recessed dock well loading, and a fully fenced paved yard with room for 18-wheelers and multiple parking areas.
The rear building can be reached from County Road 64 or Austin Road through a separate deeded paved ingress and egress road. The property is near I-10 and approximately one mile from Highway 181. It is currently occupied through the first week of December 2026, with the lease transferring to the buyer. Showings require advance arrangement, and access should not occur without permission.
The rear building can be reached from County Road 64 or Austin Road through a separate deeded paved ingress and egress road. The property is near I-10 and approximately one mile from Highway 181. It is currently occupied through the first week of December 2026, with the lease transferring to the buyer. Showings require advance arrangement, and access should not occur without permission.
Key Highlights
- 18,000 square feet across two main buildings
- Front building includes approximately 2,000 square feet of office and a 10,000‑square‑foot warehouse
- Rear building is a 6,000‑square‑foot metal structure with heated and cooled office space
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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Balanced
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
$311,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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, warehouse, paved access, and fully fenced yard space.
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; Front building includes approximately 2,000 square feet of office and a 10,000‑square‑foot warehouse; Rear building is a 6,000‑square‑foot metal structure with heated and cooled office space
