22195 Cedar Street

Description

Prime Income-Producing Commercial Opportunity in the heart of Robertsdale, Alabama! This versatile **19,000± SF commercial property** on approximately **2.26 acres** offers exceptional flexibility for investors, owner-users, or businesses looking to expand. The property features an **80' x 140' x 16' warehouse** divided into five approximately **25' x 80'** units, plus a **40' x 40' x 16' open-span pole barn** ready for storage, fabrication, or future customization. The flexible layout allows for single-user occupancy, multiple tenants, or a hybrid owner-occupied investment. Units 3 and 5 each include a **12' x 25'** framed office/storage area with a private restroom. Unit 6 features a **30' x 30'** framed office/work area with **two restrooms**, providing additional functionality for larger operations or administrative use. For investors, the numbers make sense. Based on an average lease rate of **$10.00 per square foot annually**, the property has the potential to generate approximately **$190,000 in annual gross rental income** when fully leased. After estimated annual expenses for taxes, insurance, and maintenance, projected **Net Operating Income is approximately $177,000**, supporting the **$2,200,000 asking price at an approximate 8% capitalization rate**. Located in one of Baldwin County's fastest-growing commercial markets, this property offers excellent accessibility, abundant parking, expansion potential, and strong long-term appreciation prospects. Whether you're seeking a headquarters for your business, a multi-tenant income-producing asset, or both, this property delivers outstanding value, flexibility, and investment potential in a thriving Gulf Coast market. Opportunities like this are becoming increasingly rare—schedule your private tour today. Buyer to verify all information during due diligence.