Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2127 North Hickory St Loxley, AL 36551

    View on Map
    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $1,750 /Mo ($14 SF/Yr)

    1,500 SF Office, Hwy 59, Loxley AL

    Lot size:
    1,500 SF

    Property Features for 2127 North Hickory St

    General Information

    Property type
    Other retail properties
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    1,500 SF
    USF (Usable sq. ft)
    1,500 SF
    Elevators
    N/A
    Total Rate
    1750

    Amenities

    Building Details

    Buildings
    1
    Stories
    1

    Overview

    Loxley Office Space on Hwy 59

    This 1,500 square foot office space is available for lease at 2127 North Hickory Street in Loxley, Alabama. The property is strategically located on busy Highway 59, offering high visibility and convenient access. The space includes six individual offices, a versatile storage/office room, a dedicated break room, a reception area, and a bathroom. Office dimensions are approximately: Office 1 & 2: 10.6' x 14.5'; Office 3: 10.6' x 12.8'; Office 4 & 5: 10.6' x 10.6'; Office/Storage 6: 10.6' x 9.6'; Break Room: 8.6' x 9.5'; Reception Area: 26.3' x 9.6'; Bathroom: 6.5' x 9.5'. Monthly rent is $1,750 under a Modified Gross Lease. Water, sewer, and trash services provided by the City of Loxley are included in the rent. Tenants are responsible for all other utilities. The property is situated within a shopping center, providing excellent exposure and potential for synergy with neighboring businesses. This is an ideal location for a variety of businesses seeking a well-appointed and conveniently located office space in Loxley, Alabama. All measurements are approximate; tenants are advised to verify dimensions independently.

    We can help!

    Listing Contact
    Paul Salter

    Learn more

    Property Insight Report

    HighLights

    • 1,500 sq ft office space available for lease in Loxley, AL.
    • Conveniently located on Hwy 59 with high visibility.
    • Monthly rent includes water, sewer, and trash; six offices plus break room and reception area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ashleigh Mooney - State ... Insurance Agency Detangle Dog Retreat Kennel & Boarding Facility Liberty Tax Service Accounting Firm Detangle Dog Grooming Pet Grooming Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loxley
    State
    Alabama
    Longitude
    -87.753397
    Latitude
    30.62481

    Nearby Comparable

    • $550 /Mo
      2,600 SF

      Loxley Office Space Available

      Modern shared office, flexible lease terms.
      1087 N Hickory St, Loxley, AL 36551
      View Details
    • $32 SF/Yr
      2,886 SF

      Fairhope Office Space Available

      Downtown Fairhope office, 2886 sq ft, modified gross lease.
      300 Magnolia Ave, Fairhope, AL 36532
      View Details
    • Contact for pricing

      Prime Commercial Land on Hwy 59

      1.59 acre lot with high visibility and utilities.
      59 At I-10, Loxley, AL
      View Details
    • Contact for pricing

      Corner Lot on Highway 90

      0.95 AC corner lot with high traffic frontage.
      3215 S Hickory St, Loxley, AL 36551
      View Details
    • $7,000 /Mo

      Prime Restaurant Space Near I-10

      Versatile commercial space with high visibility and easy access.
      13051 N Hickory St, Loxley, AL 36551
      View Details
    • $7,000 /Mo

      Prime Restaurant Space Near I-10

      Versatile commercial space with high visibility and easy access.
      13051 N Hickory St, Loxley, AL 36551
      View Details
    • Contact for pricing
      129,000 SF

      Loxley Warehouse with Highway Access

      Former cotton warehouses with laydown yard and highway access.
      26655 Railroad Ave, Loxley, AL 36551
      View Details
    • Contact for pricing

      57.54 Acre Commercial Land Parcel

      57.54 acre commercial land near I-10 and Port of Mobile.
      State Highway 59, Loxley, AL 36551
      View Details
    • Contact for pricing
      21,600 SF

      Warehouse and Shop Buildings For Lease

      Warehouse and shop buildings for lease in Baldwin County.
      12015 County Road 54, Daphne, AL 36526
      View Details
    • $5,200 /Mo
      24,000 SF

      Daphne Warehouse Space Available

      Large Baldwin County warehouse, flexible lease terms.
      12015 County Road 54, Daphne, AL 36526
      View Details
    • $12 SF/Yr
      14,650 SF

      Robertsdale Flex Office/Warehouse Space

      Large bay flex office/warehouse space available for lease.
      22825 Mcauliffe Dr, Robertsdale, AL 36567
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Robertsdale, AL

      Newly constructed retail space available for lease in September 2025.
      18375 Al-104, Robertsdale, AL
      View Details

    Nearby Similar for Lease

    • $7,000 /Mo

      Prime Restaurant Space Near I-10

      Versatile commercial space with high visibility and easy access.
      13051 N Hickory St, Loxley, AL 36551
      View Details
    • $7,000 /Mo

      Prime Restaurant Space Near I-10

      Versatile commercial space with high visibility and easy access.
      13051 N Hickory St, Loxley, AL 36551
      View Details
    • $550 /Mo
      2,600 SF

      Loxley Office Space Available

      Modern shared office, flexible lease terms.
      1087 N Hickory St, Loxley, AL 36551
      View Details
    • Contact for pricing
      129,000 SF

      Loxley Warehouse with Highway Access

      Former cotton warehouses with laydown yard and highway access.
      26655 Railroad Ave, Loxley, AL 36551
      View Details

    FAQs

    What type of property is this?
    Other retail property - 1,500 SF Office, Hwy 59, Loxley AL
    Where is this other retail property located?
    The property is located at 2127 North Hickory St Loxley, AL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features:
    (251) 342-7229
    Request Owner's contact information
    2127 North Hickory St Loxley, AL 36551
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2127 North Hickory St
    Loxley, AL 36551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2127 North Hickory St Loxley, AL 36551
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Paul Salter
    (251) 342-7229
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!