Robertsdale Industrial Property with Multiple
For Sale
$2,450,000
24979 Linholm Rd, Robertsdale, AL 36567
12,702 SF on 3.9 AC - 1.6 Miles Off I-10-Wilcox Rd Exit For Sale
Property Size12,702 SF
Lot Size3.90 Acres
Price / SF$192.88
Days on Market609
Property Features for 24979 Linholm Rd
General Information
Standard status
Active
Property type
Other industrial properties, Warehouses, Other office properties, Industrial properties, Office Spaces
Size
12,702 SF
Total Parking Spaces
50
Elevators
N/A
Lot size
3.90 Acres
Building Details
Year Built
2008
Year Renovated
2019
Buildings
8
Stories
1
Listed By:
Paul Salter
(850) 564-0120
Added: Feb 12, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Robertsdale, Alabama, this industrial property offers 12,702 square feet of space on a 3.9-acre lot. The property is situated 1.6 miles from the I-10 Wilcox Road exit. The site includes multiple buildings, featuring three 3,200-square-foot metal buildings with clear-span construction. These structures provide 13'4" clearance at the eaves and 16' in the center, suitable for various industrial applications. Enclosing each metal building is estimated to cost approximately $15,000. Additional buildings on the property include a 336-square-foot pool house, a 264-square-foot parts building, and a 1,050-square-foot brick office building. There are also two 726-square-foot houses located on the premises. The property is enclosed by a six-foot chain link fence. The lot dimensions are approximately 482' x 440' x 460' x 306'. This property offers space and versatile building options for commercial and industrial ventures. The property is well-maintained.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,156
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,963,120
$3.0M
Cap Rate 7%
$2,116,514
$2.1M
Cap Rate 9%
$1,646,178
$1.6M
Market Conditions
NOI Build-Up for 12,702 SF
Gross rent
$243.9K $19.20/SF
− Vacancy
−$46.3K −$3.65/SF
EGI
$197.5K $15.55/SF
− OpEx
−$49.4K −$3.89/SF
NOI
$148.2K $11.66/SF
Area
Baldwin County, AL
Vacancy
19.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,963,120
Cap Rate 7%
$2,116,514
Cap Rate 9%
$1,646,178
Alternative Uses
Best Use
Office B
$2.12M
$1.85M – $2.47M
NOI $148,156 @ 7.0% cap · market cap 6.05%
Second Best
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,172 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,820 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - 12,702 SF on 3.9 AC - 1.6 Miles Off I-10-Wilcox Rd Exit For Sale
Where is this industrial property located?
The property is located at 24979 Linholm Rd Robertsdale, AL.
What is the asking price?
The asking price for this property is $2,450,000.
