8355 Roy Waters Rd Foley, AL 36535
This exceptional Foley, Alabama industrial property encompasses a sprawling 57,500 square foot cold storage and warehouse facility, strategically situated on approximately 40 acres of land. The property is comprised of six buildings, offering a diverse range of spaces to suit various operational needs. Building 2, the core of the facility, boasts approximately 42,500 square feet, including 30,000 square feet of freezer space equipped with multiple high-capacity compressors and 6,000 square feet of cooler space. This building also features seven dock-high doors, a loading dock area, offices, restrooms, and a break room. Building 1, approximately 13,750 square feet, includes a truck maintenance area, parts room, office space, a one-bedroom apartment, and substantial warehouse storage with multiple grade-level and dock-high doors. Additional structures include a 6,000 square foot equipment shed (Building 3), a 3,600 square foot barn/shed (Building 4), a 1,250 square foot enclosed storage building (Building 5), and an 11,000 square foot building previously used as a condo (Building 6) with 12 rooms, large restrooms with showers, and a cafeteria with an industrial kitchen. The property is zoned M-1 and conveniently located approximately 25 miles from I-10 and about 10 miles from Gulf Shores. Parcel numbers 41281 and 213524 are included. The owner may consider selling additional property or further subdividing the land. This unique opportunity presents significant potential for various industrial and commercial uses.
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
Similar Nearby for Lease
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.