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Property profile & analytics
FOR SALE
Investment properties

16871 Dauphin Island Pkwy Coden, AL 36523

3,669 SF 1.86 ac lot Built 1985
Entity Owned 4-yr Hold Free & Clear
Property ID
US03-1180439
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1985
Total area 3,669 SF
Lot 1.86 ac (81,196 SF)
APN 48 06 24 0 000 001.001
UPID US03-1180439
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Keg & Bait LLC · 4 yrs held
Keg & Bait LLC
since 2021
Last sale
$410,000
3 recorded transactions
2021
Price N/A
2021
$410,000
2014
$103,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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