16871 Dauphin Island Pkwy Coden, AL 36523
For Sale
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This exceptional mixed-use property, located at 16871 Dauphin Island Parkway in Coden, Alabama, presents a unique investment opportunity. Boasting 3,669 square feet on a 1.85-acre lot, this two-story building offers significant waterfront access with 763 feet of frontage and over 1,100 feet of additional frontage across the street. The property includes existing boat ramps, docks, and a bulkhead providing convenient access to the bay. The expansive waterfront allows for potential expansion, including additional structures or water amenities to cater to the needs of fishing enthusiasts and water recreation. The current configuration lends itself to various business ventures, such as a restaurant, seafood market, or boat slip rentals. Its prime location, just 10 minutes from Dauphin Island, ensures high traffic and a steady stream of potential customers. The recently completed Causeway Restoration Project enhances the property's value and protects the surrounding environment. This significant coastal restoration project further solidifies the area's appeal and long-term stability. The sale includes all existing equipment, inventory, and a boat, making this a turnkey operation ready for immediate income generation. All potential buyers are responsible for independently verifying all information, including zoning, deed restrictions, and local regulations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.