Flex Space with Roll-Up
For Sale
$1,700,000
26032 Capital Drive, Daphne, AL 36526
COMMERCIAL - Daphne, AL
Property Size8,400 SF
Lot Size0.42 Acres
Price / SF$202.38
Days on Market43
Property Features for 26032 Capital Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Lot features
Level
Directions
East on Co Rd 64 from Hwy 98. North on Capital Dr. Building is to the east of the first building to the east.
Subdivision
Baldwin
Standard status
Active
APN
43-05-16-0-000-023.015
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
80 X 230 PARCEL B OF RESUB OF LOT 2 OF THE RESUB OF LOT 1 HIGHWAY 64 COMMERCIAL PARK SUB SLIDE 1967-A IN THE CITY OF D APHNE SEC 16-T5S-R2E (WD)
Tax Annual Amount
8543
Legal Description
80 X 230 PARCEL B OF RESUB OF LOT 2 OF THE RESUB OF LOT 1 HIGHWAY 64 COMMERCIAL PARK SUB SLIDE 1967-A IN THE CITY OF D APHNE SEC 16-T5S-R2E (WD)
Utilities
Heating system
Electric (Heating)
Water front features
Waterfront
Amenities
break room
bathrooms
shower
Building Details
Year built
2000
Floors in Building
1
Flooring type
Concrete, Vinyl
Roof type
Metal
Listing Agency:
Wise Living Real Estate, LLC
(251) 928-9473
Listed By:
Kiel G. Rubio · License #109408
(251) 716-3326
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 4 at 2:06PM
MLS# 398424
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.
This 8,400-square-foot flex property, built in 2000, combines approximately 2,400 square feet of office area with 6,000 square feet of warehouse space. The layout includes three private offices, a break room equipped with a fridge, sink, and microwave, three bathrooms, and a 68' x 19' open retail area. One bathroom includes a shower, while the open area can accommodate additional offices, bullpen seating, or a conference table. Three 12' x 14' roll-up doors support warehouse access, and the building offers an 18-foot ceiling height with 400-amp electrical service.
The property is zoned B2 and sits on 0.417 acres in Daphne. Interior improvements include new HVACs installed 5 years ago, fresh office paint, new toilets and fixtures throughout, and reglazed windows. Concrete and vinyl flooring, electric heat, a metal roof, and waterfront features are also reported.
The property is zoned B2 and sits on 0.417 acres in Daphne. Interior improvements include new HVACs installed 5 years ago, fresh office paint, new toilets and fixtures throughout, and reglazed windows. Concrete and vinyl flooring, electric heat, a metal roof, and waterfront features are also reported.
Key Highlights
- Approximately 8,400 SF across office and warehouse areas
- Three 12' x 14' roll‑up doors and 18' ceiling height
- 400 amp electrical service
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 | $161.3k | $19.20 |
| − Vacancy | −$30.6k | −$3.65 |
| EGI | $130.6k | $15.55 |
| − OpEx | −$32.7k | −$3.89 |
| NOI | $98.0k | $11.66 |
8,400 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,978 @ 7.0% cap · market cap 5.76%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,387 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,402 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36526, AL
35,720
Population
14,074
Households
2.5
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
37.7 sq mi
ZIP Area
947
Density / Sq Mi
$90,733
Median Household Income
$50,049
Median Earnings
$1,353
Median Rent
$311,000
Median Home Value
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?
Flex space - Commercial flex property combines office, warehouse, and open retail areas with B2 zoning and updated interior finishes.
Where is this flex space located?
The property is located at 26032 Capital Drive Daphne, AL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 8,400 SF across office and warehouse areas; Three 12' x 14' roll‑up doors and 18' ceiling height; 400 amp electrical service
