Home with Large Warehouse
43101 Brown Road Bay Minette, AL 36507
43101 Brown Road, Bay Minette, AL, 36507
$575,000
Pending
For Sale
$575,000
Pending
For sale property includes a 3,300 sq ft warehouse, fenced outdoor space, barn areas, and pasture on 4.7 acres.
Property Size2,559 SF
Lot Size4.70 Acres
Days on Market124
Property Features for 43101 Brown Road
General Information
- Standard status
- Pending
- Size
- 2,559 SF
- Lot size
- 4.70 Acres
- Property subtype
- Ranch
Building Details
- Year Built
- 1978
Listing agency
Elite RE Solutions, LLC Gulf C
(251) 322-1826
Listed by
Christy Wellinghurst
Source
Xome
Added: Mar 20 Updated: Jul 21 at 2:55PM Checked: Jul 21 at 2:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite RE Solutions, LLC Gulf C
Investment Insights
Based on property information with market context.
This for-sale property combines a spacious residence with a large warehouse and multiple outdoor improvements. The home features 4 bedrooms and 2.5 bathrooms, with updates noted in the public remarks including a new roof in 2021, energy-efficient windows, solar attic fans, and included appliances such as a washer and dryer. Outdoor amenities include a fully fenced backyard with a playhouse, garden area, and an 11x15 greenhouse, plus a basketball court. There is also a 1,100 sq ft mother-in-law suite/guest house with new HVAC, described as ready for finishing touches.
The grounds include a massive 3,300 sq ft warehouse, a barn, and fenced pasture intended for hobbies, storage, livestock, or business use. Public remarks also reference two barn areas and a coop with nests. Utilities include city water plus a functional well.
Buyer to verify all information during due diligence.
The grounds include a massive 3,300 sq ft warehouse, a barn, and fenced pasture intended for hobbies, storage, livestock, or business use. Public remarks also reference two barn areas and a coop with nests. Utilities include city water plus a functional well.
Buyer to verify all information during due diligence.
Key Highlights
- 4‑bedroom, 2.5‑bath home built in 1978 with approx. 2,500 SF of living space
- 4.7 acres with fenced yard, rear covered porch, garden area, playhouse, and an 11x15 greenhouse
- Massive 3,300 SF warehouse plus barn areas and fenced pasture for business or hobby use
Local Financial Insights For Warehouse
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 | $20.0k | $7.80 |
| − Vacancy | −$958 | −$0.37 |
| EGI | $19.0k | $7.43 |
| − OpEx | −$2.9k | −$1.11 |
| NOI | $16.2k | $6.31 |
2,559 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$230.7K
$201.9K – $269.2K
NOI $16,152 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$615.4K
$538.5K – $718.0K
NOI $43,077 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ranches
Similar For Sale Nearby
FAQs
What type of property is this?
Ranch - For sale property includes a 3,300 sq ft warehouse, fenced outdoor space, barn areas, and pasture on 4.7 acres.
Where is this ranch located?
The property is located at 43101 Brown Road Bay Minette, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4‑bedroom, 2.5‑bath home built in 1978 with approx. 2,500 SF of living space; 4.7 acres with fenced yard, rear covered porch, garden area, playhouse, and an 11x15 greenhouse; Massive 3,300 SF warehouse plus barn areas and fenced pasture for business or hobby use
