22203 Al-59 Robertsdale, AL 36567
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.