Flex Building with Roll-Up
For Sale
$799,000
7800 County Road 24, Fairhope, AL 36532
COMMERCIAL - Fairhope, AL
Property Size8,400 SF
Lot Size0.42 Acres
Price / SF$95.12
Days on Market35
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
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
Building Details
Year built
1999
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Bellator Real Estate LLC Orange Beach
(251) 979-6600
Listed By:
Le Bushnell · License #116067
(251) 223-1919
Added: Jul 1
Changed: Aug 4
Last Checked: Aug 4 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.
Investment Insights
Based on property information with market context.
This steel-constructed flex property was built in 1999 for demanding commercial use and is currently operated as a custom millwork shop. Improvements include a 6-inch reinforced concrete slab, three-phase industrial power, five large roll-up doors, a new roof, new metal siding, and new insulation. Dedicated office space, a studio apartment, one and a half baths, concrete flooring, and a metal roof are also included. The property is classified as Unzoned.
The site encompasses 0.415 acres at 7800 County Road 24 in Fairhope, Alabama, with road frontage along County Road 24. It is positioned across from the planned Point Clear Club, a 549-acre golf course community that has received conceptual approval from Baldwin County's Planning and Zoning Commission. Planned components include an 18-hole golf course, clubhouse, wellness center, restaurant, walking trails, and more than 300 single-family homes.
The existing layout and infrastructure support its current millwork operation and may accommodate manufacturing, fabrication, auto or marine repair, warehouse storage, or retail/showroom use, subject to buyer verification during due diligence.
The site encompasses 0.415 acres at 7800 County Road 24 in Fairhope, Alabama, with road frontage along County Road 24. It is positioned across from the planned Point Clear Club, a 549-acre golf course community that has received conceptual approval from Baldwin County's Planning and Zoning Commission. Planned components include an 18-hole golf course, clubhouse, wellness center, restaurant, walking trails, and more than 300 single-family homes.
The existing layout and infrastructure support its current millwork operation and may accommodate manufacturing, fabrication, auto or marine repair, warehouse storage, or retail/showroom use, subject to buyer verification during due diligence.
Key Highlights
- 8,400 sq ft steel‑constructed commercial building
- 0.415‑acre site at 7800 County Road 24, Fairhope, AL 36532
- Three‑phase industrial power with a 6" reinforced concrete slab
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 | $65.5k | $7.80 |
| − Vacancy | −$3.1k | −$0.37 |
| EGI | $62.4k | $7.43 |
| − OpEx | −$9.4k | −$1.11 |
| NOI | $53.0k | $6.31 |
8,400 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,387 @ 7.0% cap · market cap 11.31%
Second Best
Warehouse
$757.4K
$662.7K – $883.7K
NOI $53,019 @ 7.0% cap · market cap 6.64%
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Steel construction, industrial power, office space, and an apartment support varied commercial operations.
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‑acre site at 7800 County Road 24, Fairhope, AL 36532; Three‑phase industrial power with a 6" reinforced concrete slab
