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Summerdale Storage Facility Investment Opportunity
For Sale
$2,625,000

18587 Co Rd 32, Summerdale, AL 36580

6.5 Acres Storage Facility / Covered RV & Boat Storage For Sale

Property Size283,140 SF
Lot Size6.50 Acres
Price / SF$9.27
Days on Market563

Property Features for 18587 Co Rd 32

General Information

Standard status Active
Property type Self storage facilities, Flex space, Other industrial properties, Industrial properties
Size 283,140 SF
Total Parking Spaces 190
Elevators N/A
Lot size 6.50 Acres

Building Details

Year Built 2023
Buildings 3
Stories 1
Listing Agency:
Listed By: Paul
Added: Feb 12, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This newly constructed storage facility, opened in April 2023, is situated on a 6.5-acre lot in Summerdale, Alabama. Located at the intersection of Highway 59 and County Road 32, the property features 190 parking units, including 110 covered and 80 open-air spaces, suitable for RVs, boats, vehicles, and equipment storage. The facility provides gated access and 24-hour availability for tenants. The location offers high visibility and accessibility. The building size is 283,140 square feet. The parcel number is 05-48-09-31-4-000-005.005. The seller is open to financing options, including a 10% down payment and a 7% interest rate. The property is intended for use as a storage facility.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 36580, AL

6,663
Population
2,932
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
79%
High-School Grad
52.6 sq mi
ZIP Area
127
Density / Sq Mi
$59,138
Median Household Income
$32,456
Median Earnings
$1,043
Median Rent
$238,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 6.5 Acres Storage Facility / Covered RV & Boat Storage For Sale
Where is this self storage facility located?
The property is located at 18587 Co Rd 32 Summerdale, AL.
What is the asking price?
The asking price for this property is $2,625,000.
More about this property
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