Warehouse with Pole
For Sale
$2,200,000
22195 Cedar St, Robertsdale, AL 36567
The property combines warehouse space, a separate pole barn, and office areas with private restrooms.
Property Size19,000 SF
Lot Size2.26 Acres
Price / SF$115.79
Days on Market204
Property Features for 22195 Cedar St
General Information
Standard status
Active
Size
19,000 SF
Lot size
2.26 Acres
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
11,200 SF
Office Build-Out
1,500 SF
Additional Details
Asking Price
$2,200,000
Property Use
Warehouse
Building Details
Buildings
2
Listing Agency:
eXp Realty, LLC
(888) 923-5547
Listed By:
David N Wells · License #108171
(251) 751-0334
Source:
Exprealty
Added: Apr 8
Changed: Oct 27
Last Checked: Aug 7 at 6:27AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
At 22195 Cedar Street in Robertsdale, this warehouse property occupies approximately 2.26 acres. The main building measures 80' x 140' x 16' and is divided into five units of approximately 25' x 80'. Units 3 and 5 each have a 12' x 25' framed office or storage area and a private restroom. A 30' x 30' framed office or work area with two restrooms is also described for Unit 6; the unit count is not consistent across the property details.
A separate open-span pole barn measures 40' x 40' x 16'. The property was built in 1973.
A separate open-span pole barn measures 40' x 40' x 16'. The property was built in 1973.
Key Highlights
- Approximately 2.26 acres in Robertsdale, Alabama
- Main warehouse measures 80' x 140' x 16' and is divided into five approximately 25' x 80' units
- Separate open‑span pole barn measures 40' x 40' x 16'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,923
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,398,460
$2.4M
Cap Rate 7%
$1,713,186
$1.7M
Cap Rate 9%
$1,332,478
$1.3M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$148.2K $7.80/SF
− Vacancy
−$7.1K −$0.37/SF
EGI
$141.1K $7.43/SF
− OpEx
−$21.2K −$1.11/SF
NOI
$119.9K $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%
$2,398,460
Cap Rate 7%
$1,713,186
Cap Rate 9%
$1,332,478
Alternative Uses
Best Use
Warehouse
$1.71M
$1.50M – $2.00M
NOI $119,923 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,838 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36567, AL
14,620
Population
6,054
Households
2.4
Avg Household Size
39
Median Age
17%
College-Educated
86%
High-School Grad
228.7 sq mi
ZIP Area
64
Density / Sq Mi
$59,763
Median Household Income
$40,276
Median Earnings
$943
Median Rent
$220,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- USA Storage Centers - Robertsdale — 21417 Annandale Dr, Robertsdale, AL 36567
- Whosoever Storage & Moving — 21885 Hibbing Ln, Robertsdale, AL 36567
- Price Self Storage — AL-104, Robertsdale, AL 36567
- Southern Storage of Robertsdale — 18265 AL-104, Robertsdale, AL 36567
- Robertsdale Mini Storage — 22289 Pine St, Robertsdale, AL 36567
Frequently Asked Questions
What type of property is this?
Warehouse - The property combines warehouse space, a separate pole barn, and office areas with private restrooms.
Where is this warehouse located?
The property is located at 22195 Cedar St Robertsdale, AL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 2.26 acres in Robertsdale, Alabama; Main warehouse measures 80' x 140' x 16' and is divided into five approximately 25' x 80' units; Separate open‑span pole barn measures 40' x 40' x 16'
