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701 Dr.martin Luther King Jr. Blvd Bay Minette, AL 36507

  • Industrial properties
  • 899,324 SF
  • 129.00 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Industrial properties

Property Details for 701 Dr.martin Luther King Jr. Blvd

Year built
1980
Lot size
129.00 lot acres
Property size
899,324 SF
Property type
Industrial properties
Property subtype
Distribution centers

Description

This exceptional investment opportunity presents a 899,324-square-foot, fully occupied, multi-tenant distribution center situated on 129 acres in Bay Minette, Alabama. The property boasts two buildings, constructed in 1980, and features dedicated trailer parking and container storage areas. A separate 30,644-square-foot office building complements the warehouse space. The property benefits from a prime location less than eight miles from I-65 and 27 miles from the Port of Mobile, the second fastest-growing port in the nation. Located within the Daphne-Fairhope-Foley MSA, one of the top ten fastest-growing metros in 2023, this asset is situated in a high-growth market characterized by strong occupancy rates and diverse industrial activity. The expansive 129-acre site includes over 100 acres of forested land, presenting significant future development potential. Currently housing three tenants, this property offers investors an attractive yield with considerable upside potential due to below-market rents in a supply-constrained coastal market. The property's size, at approximately 899,324 square feet, makes it one of the largest industrial assets in Baldwin County. Access to major interstates, including I-65 (less than 15 minutes away) and I-10 (approximately 20 minutes away), further enhances its strategic value. The existing yard and developable acreage offer potential for increased container storage. This is a Core+ investment with a NNN lease structure.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bay Minette
County
Baldwin
State
Alabama
Longitude
-87.7864
Latitude
30.8657
More about this property
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