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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

22203 Al-59 Robertsdale, AL 36567

7,800 SF
Property ID
Property summary
AI-generated overview

This exceptional 7,800-square-foot retail building presents a compelling investment opportunity in the thriving Robertsdale, Alabama market. Located at 22203 AL-59, in Baldwin County, zip code 36567 (30.548531408147944, -87.70904115823889), this property boasts a prime location adjacent to a bustling shopping center and in close proximity to numerous restaurants and other retail establishments. The building is currently vacant, providing immediate occupancy for a new business venture or the flexibility to lease to a suitable tenant. The property sits on a sizable 12,540-square-foot lot, zoned B2, offering ample space and potential for future expansion or development. With a net rentable area of 7,800 square feet, the building is ideally suited for a variety of retail uses, particularly those in the pharmacy/drugstore or storefront categories. The asking price is $375,000, representing a strong value proposition in this rapidly growing area. The anticipated occupancy date is November 19, 2024. This is an excellent opportunity for owner-users seeking a strategic location for their business or investors looking for a high-potential retail property in a dynamic market. The property's high visibility and convenient access to major roadways ensure significant foot and vehicle traffic, maximizing exposure and potential for success.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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