Robertsdale Industrial Property with Multiple
24979 Linholm Rd Robertsdale, AL 36567
24979 Linholm Rd, Robertsdale, AL, 36567
$2,450,000
For Sale
$2,450,000
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
AddedFeb 12, 2025
Days on Market519
Last RefreshMar 16 at 9:06 am
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
Listing agent Paul (850) 564-0120
Listing office (850) 564-0120
Listing date Feb 12, 2025
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.
Local Financial Insights For Office B
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 | $243.9k | $19.20 |
| − Vacancy | −$46.3k | −$3.65 |
| EGI | $197.5k | $15.55 |
| − OpEx | −$49.4k | −$3.89 |
| NOI | $148.2k | $11.66 |
12,702 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
TLT Plumbing & Repair
Plumbing Service
Similar For Sale Nearby
FAQs
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.
