Downtown Retail
New
For Sale
$395,000
3152 1st Avenue, Loxley, AL 36551
Commercial Sale, Loxley, AL
Property Size2,100 SF
Lot Size0.17 Acres
Price / SF$188.10
Days on Market4
Property Features for 3152 1st Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Parking features
None
Lot features
Level
Directions
From I-59 and First Avenue. Travel East on First Avenue.
Subdivision
Baldwin
Standard status
Active
APN
42-01-11-3-000-065.000
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
50 X 150 Lot 3 Blk 3 W C Dinwiddies Sub Mb1 Pg110 In City Of Loxley Sec 11-T5s-R3e (Vld)
Tax Annual Amount
1928
Legal Description
50 X 150 Lot 3 Blk 3 W C Dinwiddies Sub Mb1 Pg110 In City Of Loxley Sec 11-T5s-R3e (Vld)
Utilities
Heating system
Electric (Heating)
Amenities
built in shelving
spacious register counter
office space
kitchenette
double doors in back
parking pad in back for deliveries
Building Details
Year built
1900
Floors in Building
1
Flooring type
Vinyl
Roof type
Flat
Listing Agency:
Coastal Alabama Real Estate
(251) 928-9400
Listed By:
Laura Reeves · License #75499
(251) 490-8402
Added: Oct 26
Last Checked: Oct 29 at 5:06PM
MLS# 412585
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,100-square-foot storefront in downtown Loxley has built-in shelving, a spacious sales counter with storage, and display windows. The interior also includes an office and kitchenette. Double doors at the rear open to a parking pad for deliveries. Vinyl flooring and electric heat serve the space; the building dates to 1900 and has a flat roof.
The 0.17-acre property is at 3152 1st Avenue in Loxley, Alabama. Parking is not listed among the property’s features.
The 0.17-acre property is at 3152 1st Avenue in Loxley, Alabama. Parking is not listed among the property’s features.
Key Highlights
- 2,100‑square‑foot retail storefront in downtown Loxley
- Built‑in shelving and display windows
- Sales counter with storage and a backdrop wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,597
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,940
$451.9K
Cap Rate 7%
$322,814
$322.8K
Cap Rate 9%
$251,078
$251.1K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$35.3K $16.80/SF
− Vacancy
−$3.0K −$1.43/SF
EGI
$32.3K $15.37/SF
− OpEx
−$9.7K −$4.61/SF
NOI
$22.6K $10.76/SF
Area
Baldwin County, AL
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,940
Cap Rate 7%
$322,814
Cap Rate 9%
$251,078
Alternative Uses
Best Use
Retail
$322.8K
$282.5K – $376.6K
NOI $22,597 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.0K
$441.9K – $589.2K
NOI $35,351 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
50k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 34%
Dining 26%
Piggly Wiggly
Groceries
19,781 visits/mo
0.2 miles
Jack's Family Restaurants
Dining
11,788 visits/mo
0.3 miles
Dollar General
Shops & Services
7,891 visits/mo
0.4 miles
Family Dollar
Shops & Services
3,620 visits/mo
0.2 miles
Shell
Shops & Services
2,922 visits/mo
0.3 miles
Demographics for 36551, AL
10,514
Population
4,309
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
68.7 sq mi
ZIP Area
153
Density / Sq Mi
$68,625
Median Household Income
$34,784
Median Earnings
$1,151
Median Rent
$236,900
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
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning, display shelving, and rear delivery access support a range of retail operations.
Where is this storefront property located?
The property is located at 3152 1st Avenue Loxley, AL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,100‑square‑foot retail storefront in downtown Loxley; Built‑in shelving and display windows; Sales counter with storage and a backdrop wall
