Mixed-Use Property with
For Sale
$750,000
22288 Pine Street, Robertsdale, AL 36567
Commercial Sale, Robertsdale, AL
Property Size6,000 SF
Lot Size1.67 Acres
Price / SF$125
Days on Market108
Property Features for 22288 Pine Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial,WithinCorpLimi
Lot features
Corner Lot, Some Trees, Irregular/ See Remarks
Directions
Highway 59, east on Carolina Street, North on Pine Street, property is on the right.
Subdivision
Baldwin
Standard status
Active
APN
48-03-06-4-002-028.000
Lot size
1.67 Acres
Taxes and HOA fees
Tax Description
340 X 355 EAST SILVERHILL BLK 7 LOT 5-11 PB5 P280 SEC 6-T6 S-R4E (WD) IN#994122-D.T.
Tax Annual Amount
4982
Legal Description
340 X 355 EAST SILVERHILL BLK 7 LOT 5-11 PB5 P280 SEC 6-T6 S-R4E (WD) IN#994122-D.T.
Utilities
Heating system
Electric (Heating)
Amenities
apartment
Building Details
Year built
1950
Floors in Building
2
Flooring type
Tile, Wood
Roof type
Metal
Listing Agency:
RE/MAX Paradise
(251) 948-8000
Listed By:
Bob Shallow · License #13654-1
(251) 948-8888
Added: Jun 25
Changed: Oct 8
Last Checked: Oct 10 at 6:06AM
MLS# 399523
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.
The 1.665-acre property includes a commercial building of more than 6,000 square feet, with an apartment on the second floor. Restaurant use at the site spans more than 30 years.
Located at 22288 Pine Street in Robertsdale, Alabama, the property is classified as mixed-use and has commercial zoning noted in the listing information.
Located at 22288 Pine Street in Robertsdale, Alabama, the property is classified as mixed-use and has commercial zoning noted in the listing information.
Key Highlights
- 1.665‑acre property in Robertsdale
- Commercial building exceeding 6,000 square feet
- Second‑floor apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,586
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,720
$1.1M
Cap Rate 7%
$794,086
$794.1K
Cap Rate 9%
$617,622
$617.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$97.2K $16.20/SF
− Vacancy
−$8.3K −$1.38/SF
EGI
$88.9K $14.82/SF
− OpEx
−$33.4K −$5.56/SF
NOI
$55.6K $9.26/SF
Area
Baldwin County, AL
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,720
Cap Rate 7%
$794,086
Cap Rate 9%
$617,622
Alternative Uses
Best Use
Specialty Retail
$1.03M
$902.9K – $1.20M
NOI $72,233 @ 7.0% cap · market cap 9.63%
Second Best
Mixed Use
$794.1K
$694.8K – $926.4K
NOI $55,586 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $101,002 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 39%
Electronics 1%
Circle K
Shops & Services
17,382 visits/mo
0.3 miles
McDonald's
Dining
17,207 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,148 visits/mo
0.5 miles
Wendy's
Dining
10,879 visits/mo
0.3 miles
Burger King
Dining
10,580 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-floor apartment adds a residential component to the commercial building.
Where is this mixed-use property located?
The property is located at 22288 Pine Street Robertsdale, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.665‑acre property in Robertsdale; Commercial building exceeding 6,000 square feet; Second‑floor apartment
