Listing Agency: Swiger & Company s***@gmail.com Show Phone

Listed By: Kristen M Swiger · License #135446 Show Phone

Source: Exprealty

Added: Apr 8 Changed: Oct 25 Last Checked: Oct 28 at 11:32AM

Report an Issue

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 Swiger & Company

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This for-sale property is a secured, fenced storage and RV park site covering 5.1 acres in an X Zone. It includes 40 high-occupancy storage units measuring 10' x 30', plus additional improvements under fully-approved plans for three new storage buildings that total 63 units. The approved buildings include two 20' x 120' structures and one 30' x 60' climate-controlled building. Existing facilities also feature a 20' x 20' office building and two 30' x 40' warehouse units.

The property further includes 14 RV lots, with 8 pull-through spaces and 6 built-in lots. On-site amenities include a laundry room and bathhouse, and access is controlled via a security gate.

Buyer to verify all information during due diligence.

Key Highlights

• 5.1 acres, completely fenced and security‑gated in an X Zone, with level topography
• 40 high‑occupancy storage units, each 10' x 30'
• Additional space includes one 20' x 20' office building and two 30' x 40' warehouse units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$93,414

Cap Rate

8.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,868,280 $1.9M

Cap Rate 7%

$1,334,486 $1.3M

Cap Rate 9%

$1,037,933 $1.0M

Is this asking price fair?

Market Conditions

NOI Build-Up for 14,800 SF

Gross rent

$115.4K $7.80/SF

− Vacancy

−$5.5K −$0.37/SF

EGI

$109.9K $7.43/SF

− OpEx

−$16.5K −$1.11/SF

NOI

$93.4K $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%

$1,868,280

Cap Rate 7%

$1,334,486

Cap Rate 9%

$1,037,933

Alternative Uses

Best Use

Self Storage

$1.82M

$1.59M – $2.12M (±1% cap)

NOI $127,179 @ 7.0% cap · market cap 11.56%

Second Best

Warehouse

$1.33M

$1.17M – $1.56M (±1% cap)

NOI $93,414 @ 7.0% cap · market cap 8.49%

Theoretical Best

Office A

$3.56M

$3.11M – $4.15M (±1% cap)

NOI $249,137 @ 7.0% cap · market cap 22.65%

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

Easley Equipment and Storage ... Storage Facility

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Garden Center Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 36535, AL

35,484

Population

18,755

Households

1.9

Avg Household Size

46

Median Age

26%

College-Educated

90%

High-School Grad

92.5 sq mi

ZIP Area

384

Density / Sq Mi

$67,013

Median Household Income

$41,574

Median Earnings

$1,168

Median Rent

$250,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Historic Restaurant With Event Space

209 Laurel Avenue W, Foley, AL 36535

$1,200,000

12,000 SF

View details

12,765 SF Medical Park Offices For Sale

100 Greentree Ln, Foley, AL 36535

$2,800,000

14,613 SF

View details

Mixed-Use Warehouse with Showroom

22442 Doc McDuffie Rd, Foley, AL 36535

$939,000

2.37 Acres

View details

8-Unit Apartment Building

214 Cody Lane, Foley, AL 36535

$1,500,000

10,400 SF

View details

12,000 SF 13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area)

3820 - 3840 AL-59, Foley, AL 36535

$2,900,000

12,000 SF

View details

9,218 SF Palm Center For Sale - Foley, Alabama

8388 AL-59, Foley, AL 36535

$1,670,000

9,910 SF

View details

10-Unit Apartment Building

606,,, 706 N Alston St, Foley, AL 36535

$1,349,000

8,468 SF

View details

Flex Space with Warehouse

9112 Hard Dr, Foley, AL 36535

$725,000

0.51 Acres

View details

4,716 SF Retail For Sale

21770 US-98, Foley, AL 36535

$795,000

4,716 SF

View details

Industrial Warehouse with Office Space

509 E Section Ave, Foley, AL 36535

$3,750,000

4.80 Acres

View details

Multi-Family

531 W Laurel Ave, Foley, AL 36535

$679,000

3,743 SF

View details

Two-Building Downtown Storefront

225 W Laurel Ave, Foley, AL 36535

$599,000

3,836 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - Secure, fenced site with storage units, warehouse space, an office building, and RV lots for storage or parking.

Where is this self storage facility located?

The property is located at 16070 County Road 12 S Foley, AL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 5.1 acres, completely fenced and security‑gated in an X Zone, with level topography; 40 high‑occupancy storage units, each 10' x 30'; Additional space includes one 20' x 20' office building and two 30' x 40' warehouse units