Financial
Distress signals
Property profile

18587 Co Rd 32 Summerdale, AL 36580

FOR SALE
Other warehouses
Property ID
US03-1804708
3,687 SF 6.5 ac lot Built 2022
Last sale Jun 2022 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
18587 Co Rd 32, Summerdale, AL 36580 For Sale
$2,625,000 3,687 SF
18587 Co Rd 32, Summerdale, AL 36580
View Listing

Property summary

AI-generated overview

A newly constructed storage facility located in Summerdale, Alabama on a 6.5-acre lot at the intersection of Highway 59 and County Road 32. The property includes a total of 283,140 square feet of building area and parking for 190 units, comprised of 110 covered spaces and 80 open-air spaces suitable for RV, boat, vehicle, and equipment storage. The facility is configured for controlled, gated access and is designed to operate with 24-hour access for tenants. The parcel number is 05-48-09-31-4-000-005.005, and the site is intended for storage facility use.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$153k
Assessed land$24k
Assessed improvement$129k
Effective rate3.30%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$240k
NOI build-up
Gross scheduled income$2.11M
Vacancy & credit loss−$110k
Operating expenses−$599k
NOI · 53.25% cap applied$1.40M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$43 – $153
Qualifying comparables3

Cap rate analysis

How does the asset earn?
53.25%
$1.40M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Plumbing Service8.6
Auto Parts Store8.4

Location

18587 Co Rd 32 Summerdale, AL 36580
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message