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Property profile & analytics
OFF-MARKET
Industrial properties

8355 Roy Waters Rd Foley, AL 36535

Built 1991
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Year built 1991
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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