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    11118 Hwy, Unit 31 Spanish Fort, AL

    For Lease
    $10 SF/Yr ($11,666 /Mo)

    14,000 sqft industrial building with office and warehouse space.

    Property size:
    14,000 SF
    Lot size:
    2.00 Acres

    Property Features for 11118 Hwy

    General Information

    Size
    14,000 SF
    Lot size
    2.00 Acres

    Source: Cummings & Associates, Inc. Agent Marl M Cummings, IV

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building on Highway 31

    This 14,000 sqft industrial building is situated on 2 acres along Highway 31 in Spanish Fort, east of Highway 181. The building features 4,000 sqft of office space and 10,000 sqft of warehouse space. Ground-level roll-up doors provide access to the warehouse area.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    East Bay Mini Storage - Hwy 225

    Map

    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9018829
    Latitude
    30.671469

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    FAQs

    What type of property is this?
    Warehouse - 14,000 sqft industrial building with office and warehouse space.
    Where is this warehouse located?
    The property is located at 11118 Hwy, Unit 31 Spanish Fort, AL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 14,000 sqft Industrial building; - Located on 2 acres on Hwy 31 in Spanish Fort; - Includes 10,000 sqft of warehouse space
    (251) 753-0246
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    Spanish Fort, AL
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    Realmo Value Estimation

    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.

    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.

    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
    11118 Hwy, Unit 31 Spanish Fort, AL
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