Agricultural Land with
19101 E Greenwood Road Summerdale, AL 36580
For Sale
$650,000
LAND - Summerdale, AL
Property Size5,000 SF
Lot Size19.14 Acres
Price / SF$130
Days on Market518
Property Features for 19101 E Greenwood Road
General Information
Property type
Land
Property subtype
Other
Standard status
Active
APN
48-04-20-0-000-006.000
Lot size
19.14 Acres
Taxes and HOA fees
Tax Description
19 AC(C) COM AT THE SE COR OF SW1 4 OF SW1 4 RUN N 46.92 FO R THE POB, TH RUN W 301(S), TH W 79(S), TH NE 31(S), TH N 230(S), TH W 433.2, TH S 230(S), TH SE ALG CURVE 31.3, TH W 100(S), TH NE ALG CURVE 31.3, TH N 230(S), TH W 216. 6, TH N 1043(S), TH E 769(S), TH S 1293(S) TO THE POB LY ING.
Listing Agency:
Wellhouse Real Estate West, LL
(251) 509-2092
Listed By:
Abbie Woddail · License #1649371
(251) 769-1320
Added: Feb 27, 2025
Changed: Jul 20
Last Checked: Jul 30 at 2:06AM
MLS# 374849
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Once a Satsuma farm, this nearly 20-acre property in Baldwin County, Alabama offers a cleared, level agricultural setting with multiple income and use options. The land includes nearly 50 established blueberry trees and a large chicken coop.
A standout improvement is a 5,000-square-foot warehouse with a comfortable apartment. The building is equipped with four coil doors, two on each side, and provides a large open work area plus two half bathrooms. The upper level offers expansive storage, with the potential for customization. The 1,000-square-foot apartment includes windows throughout, a spacious dine-in kitchen, a full bathroom, a generously sized bedroom, and a living area.
Please note that buyers should complete due diligence to verify all information regarding land use, utilities, and zoning.
A standout improvement is a 5,000-square-foot warehouse with a comfortable apartment. The building is equipped with four coil doors, two on each side, and provides a large open work area plus two half bathrooms. The upper level offers expansive storage, with the potential for customization. The 1,000-square-foot apartment includes windows throughout, a spacious dine-in kitchen, a full bathroom, a generously sized bedroom, and a living area.
Please note that buyers should complete due diligence to verify all information regarding land use, utilities, and zoning.
Key Highlights
- Nearly 20‑acre Baldwin County, AL tract with cleared, level farmland and about 50 established blueberry trees
- 5,000‑SF warehouse with a 1,000‑SF apartment
- Warehouse has four coil doors (two on each side) for drive‑through access
Financial Insights For Warehouse
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 | $39.0k | $7.80 |
| − Vacancy | −$1.9k | −$0.37 |
| EGI | $37.1k | $7.43 |
| − OpEx | −$5.6k | −$1.11 |
| NOI | $31.6k | $6.31 |
5,000 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$450.8K
$394.5K – $526.0K
NOI $31,559 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,168 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Summerdale Self Storage — 410 AL-59, Summerdale, AL 36580
- STOWBOX Storage — 18370 Couch Plant Rd, Summerdale, AL 36580
- Claymark Properties | Storage and Rentals — 18406 Couch Plant Rd, Summerdale, AL 36580
- Budget Mini Storage — 18370 Couch Plant Rd, Summerdale, AL 36580
Frequently Asked Questions
What type of property is this?
Warehouse - Cleared, level farmland with nearly 50 blueberry trees and a 5,000-square-foot warehouse featuring an apartment.
Where is this warehouse located?
The property is located at 19101 E Greenwood Road Summerdale, AL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Nearly 20‑acre Baldwin County, AL tract with cleared, level farmland and about 50 established blueberry trees; 5,000‑SF warehouse with a 1,000‑SF apartment; Warehouse has four coil doors (two on each side) for drive‑through access
