Property summary
This exceptional commercial property in Loxley, Alabama, presents a lucrative investment opportunity. Encompassing 2.4 acres in Baldwin County, the site boasts three existing buildings: a 24' x 36' pole barn, a 24' x 80' lean-to, and a 30' x 50' red iron building featuring two offices. A substantial 50' x 110' concrete slab is also present, along with a ¾-acre slag pad ideal for heavy equipment. The property includes lumber racks and benefits from city water and sewer connections. Recent improvements include a new 100' x 100' concrete pad (over $30,000 invested) and additional blacktop millings. The property is strategically located near a major industrial site, providing convenient access to I-65 within 10 minutes. The site is designed to accommodate large trucks, featuring a security gate sufficiently wide for easy access. The existing slag rock driveway ensures smooth operation, even with heavy traffic. This property is offered at $540,000. The property's prime location and existing infrastructure make it suitable for a variety of commercial uses. The existing buildings provide immediate operational space, while the ample land offers significant expansion potential. This is a rare opportunity to acquire a well-established commercial property in a rapidly growing area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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