Warehouse Storage and Retail
913 US HWY 98 Daphne, AL 36526
913 US HWY 98, Daphne, AL, 36526
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For Sale
Contact for pricing
Two retail units plus over 45,000 SF of warehouse or open shed storage on a truck-accessible site.
Property Size25,478 SF
Lot Size6.00 Acres
Price / SF$204.10
Days on Market54
Property Features for 913 US HWY 98
General Information
- Standard status
- Active
- Size
- 25,478 SF
- Lot size
- 6.00 Acres
- Property subtype
- Retail, Mixed Use, Special Purpose
Building Details
- Year Built
- 1972
Listing agency
Ashurst & Niemeyer
Listed by
Randall Niemeyer · License #AL 000032493
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:52PM Checked: Jul 20 at 5:17AM
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 Ashurst & Niemeyer
Investment Insights
Based on property information with market context.
This property includes two retail units totaling 25,478 SF, with Unit 1 at 19,878 SF and Unit 2 at 5,600 SF. In addition to the retail space, the site offers over 45,000 SF of warehouse or open shed storage built for flexible storage and distribution needs. The property sits on 6 acres and is laid out to support heavy truck movements.
Located on US Highway 98 in Daphne, AL, the site is designed for efficient delivery operations, with accommodations intended for 18-wheelers and bobtail delivery trucks. The overall layout reflects a functional relationship between the retail space and the storage areas.
For tenants, operators, or buyers looking for a combined retail-plus-storage setup, this configuration can support businesses that need product on hand while maintaining dedicated retail space. The truck-oriented site planning and substantial warehouse/open shed storage area may fit users requiring regular deliveries and durable off-site or outdoor storage options alongside a retail storefront presence.
Located on US Highway 98 in Daphne, AL, the site is designed for efficient delivery operations, with accommodations intended for 18-wheelers and bobtail delivery trucks. The overall layout reflects a functional relationship between the retail space and the storage areas.
For tenants, operators, or buyers looking for a combined retail-plus-storage setup, this configuration can support businesses that need product on hand while maintaining dedicated retail space. The truck-oriented site planning and substantial warehouse/open shed storage area may fit users requiring regular deliveries and durable off-site or outdoor storage options alongside a retail storefront presence.
Key Highlights
- Two retail units totaling 19,878 SF (Unit 1: 5600 SF for Unit 2; Unit 2: 5600 SF as listed)
- Over 45,000 SF of warehouse or open shed storage on 6 acres
- Site layout designed for truck traffic, accommodating 18‑wheelers and bobtail delivery trucks
Local Financial Insights For Retail
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 | $428.0k | $16.80 |
| − Vacancy | −$36.4k | −$1.43 |
| EGI | $391.6k | $15.37 |
| − OpEx | −$117.5k | −$4.61 |
| NOI | $274.2k | $10.76 |
25,478 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.92M
$3.43M – $4.57M
NOI $274,153 @ 7.0% cap · market cap 5.27%
Second Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $160,811 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$6.13M
$5.36M – $7.15M
NOI $428,886 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two retail units plus over 45,000 SF of warehouse or open shed storage on a truck-accessible site.
Where is this flex space located?
The property is located at 913 US HWY 98 Daphne, AL.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Two retail units totaling 19,878 SF (Unit 1: 5600 SF for Unit 2; Unit 2: 5600 SF as listed); Over 45,000 SF of warehouse or open shed storage on 6 acres; Site layout designed for truck traffic, accommodating 18‑wheelers and bobtail delivery trucks
