Steel Flex Space with Roll-Up
For Sale
$799,000
7800 County Road 24, Fairhope, AL 36532
Commercial Sale, Fairhope, AL
Property Size8,400 SF
Lot Size0.42 Acres
Price / SF$95.12
Days on Market126
Property Features for 7800 County Road 24
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unzoned
Lot features
Level
Directions
From County Rd 32 head south on US Hwy 98, Take Right onto County Rd 24. Property is .02 on left.
Subdivision
Baldwin
Standard status
Active
APN
56-04-17-0-000-001.019
Lot size
0.42 Acres
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
auto repair
Property Use
Manufacturing
Taxes and HOA fees
Tax Description
95.9 X 196(S) 186.3(D) LOT 3 CROWN POINTE SUB SLIDE 1753- B SEC 17-T7S-R2E (AFF) (SURVIVORSHIP) RP787 PG1448 RP787 PG1 808
Tax Annual Amount
2042
Legal Description
95.9 X 196(S) 186.3(D) LOT 3 CROWN POINTE SUB SLIDE 1753- B SEC 17-T7S-R2E (AFF) (SURVIVORSHIP) RP787 PG1448 RP787 PG1 808
Utilities
Water front
1
Amenities
3-phase industrial power
6-inch reinforced concrete slab
five large roll-up doors
dedicated office space
studio apatment
1.5 baths
Building Details
Year built
1999
Flooring type
Concrete
Roof type
Metal
Buildings
1
Listing Agency:
Bellator Real Estate LLC Orange Beach
(251) 981-3078
Listed By:
Le Bushnell · License #116067
(251) 928-0031
Added: Jul 1
Changed: Oct 27
Last Checked: Nov 3 at 12:06PM
MLS# 398816
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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Investment Insights
Based on property information with market context.
This steel-constructed flex property includes a 6-inch reinforced concrete slab, five large roll-up doors, 3-phase industrial power, dedicated office space, a studio apartment, and 1.5 baths. Recent improvements include a new metal roof, new metal siding, and new insulation. The building is currently used as a custom millwork shop, with a configuration that supports manufacturing, fabrication, auto or marine repair, warehouse storage, and retail or showroom operations.
The property sits on 0.415 acres along County Road 24 in Fairhope and is described as unzoned. It is directly across from the planned Point Clear Club, a 549-acre golf course community with conceptual approval from Baldwin County’s Planning and Zoning Commission. The planned development includes an 18-hole golf course, clubhouse, wellness center, restaurant, walking trails, and more than 300 single-family homes.
The property sits on 0.415 acres along County Road 24 in Fairhope and is described as unzoned. It is directly across from the planned Point Clear Club, a 549-acre golf course community with conceptual approval from Baldwin County’s Planning and Zoning Commission. The planned development includes an 18-hole golf course, clubhouse, wellness center, restaurant, walking trails, and more than 300 single-family homes.
Key Highlights
- 8,400 sq ft steel‑constructed commercial building
- 0.415 acres along County Road 24 in Fairhope
- 3‑phase industrial power and a 6" reinforced concrete slab
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,019
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,380
$1.1M
Cap Rate 7%
$757,414
$757.4K
Cap Rate 9%
$589,100
$589.1K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$65.5K $7.80/SF
− Vacancy
−$3.1K −$0.37/SF
EGI
$62.4K $7.43/SF
− OpEx
−$9.4K −$1.11/SF
NOI
$53.0K $6.31/SF
Area
Baldwin County, AL
Vacancy
4.80%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,380
Cap Rate 7%
$757,414
Cap Rate 9%
$589,100
Alternative Uses
Best Use
Warehouse
$757.4K
$662.7K – $883.7K
NOI $53,019 @ 7.0% cap · market cap 6.64%
Second Best
Flex RnD
$710.8K
$622.0K – $829.3K
NOI $49,759 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,402 @ 7.0% cap · market cap 17.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36532, AL
36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Unzoned commercial building with 3-phase power, reinforced concrete flooring, office space, and multiple service entries.
Where is this flex space located?
The property is located at 7800 County Road 24 Fairhope, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 8,400 sq ft steel‑constructed commercial building; 0.415 acres along County Road 24 in Fairhope; 3‑phase industrial power and a 6" reinforced concrete slab
