Orange Beach Retail/Office
27250 Perdido Beach Blvd Orange Beach, AL 36561
27250 Perdido Beach Blvd, Orange Beach, AL, 36561
$549,000
For Sale
$549,000
1,500 SF Retail / Office Condo in Orange Beach AL For Sale
Property Size1,500 SF
Lot Size0.58 Acres
Price / SF$366
Days on Market529
Property Features for 27250 Perdido Beach Blvd
General Information
- Standard status
- Active
- Property type
- Other retail properties, Residential offices, Other office properties, Retail properties & Spaces, Mixed-use properties, Office Spaces
- Size
- 1,500 SF
- Class
- C
- Elevators
- N/A
- Lot size
- 0.58 Acres
Building Details
- Year Built
- 1996
- Year Renovated
- 2021
- Buildings
- 1
- Stories
- 2
Listing Office
(850) 564-0120
Listed by
Paul
(850) 564-0120
Added: Feb 3, 2025 Checked: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
Located in Orange Beach, Alabama, this 1,500 square foot condominium offers investment potential for owner-operators or investors. The ground floor space is situated at 27250 Perdido Beach Blvd, 36561, and benefits from high visibility and significant traffic due to its location across from SanRoc Cay Marina near Perdido Pass. The property features five private offices or work areas, a reception area, two bathrooms, and a kitchen. It is suitable for various uses, including boutiques, professional offices, or medical practices. Situated on a 0.58-acre lot, the property offers ample space. Potential lease rates could exceed $3,500 per month. The space is ready for immediate occupancy.
Local Financial Insights For Office B
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 | $28.8k | $19.20 |
| − Vacancy | −$5.5k | −$3.65 |
| EGI | $23.3k | $15.55 |
| − OpEx | −$5.8k | −$3.89 |
| NOI | $17.5k | $11.66 |
1,500 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$249.9K
$218.7K – $291.6K
NOI $17,496 @ 7.0% cap · market cap 3.19%
Second Best
Retail
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$360.7K
$315.6K – $420.8K
NOI $25,250 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Other retail property - 1,500 SF Retail / Office Condo in Orange Beach AL For Sale
Where is this other retail property located?
The property is located at 27250 Perdido Beach Blvd Orange Beach, AL.
What is the asking price?
The asking price for this property is $549,000.
