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$ 1,895,000
Est. payment | /mo
$ 1,895,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 398095
HOA Y/N No
Property Sub-Type Land
Source Baldwin County
Property Description
8.5% CAP RATE CASH FLOW MACHINE | $160K+ NOI | PRIME CANAL ROAD ORANGE BEACH LOCATIONHIGH-VISIBILITY INCOME PRODUCING PROPERTY ON CANAL ROAD IN ORANGE BEACH. Rare opportunity to acquire a fully operational boat, trailer, vehicle, and equipment parking facility located just minutes from The Wharf, marinas, public boat launches, and Orange Beach's most heavily traveled commercial corridor. Positioned on Canal Road, this investment generates immediate cash flow from a diversified income stream that includes long-term parking, short-term parking, and an established U-Haul operation. The property is strategically located in the heart of Orange Beach where demand for secure boat, trailer, and vehicle storage continues to grow due to limited available inventory and increasing recreational boating activity. With a Net Operating Income of approximately $160,454 annually and an 8.5% cap rate, this asset offers investors strong in-place returns with additional upside through rental rate increases, expanded parking capacity, enhanced security features, or ancillary storage services. Investment Highlights: Prime Canal Road location with exceptional visibility and accessibility Multiple income streams including boat, trailer, RV, vehicle parking and U-Haul revenue Strong existing cash flow with proven operating history Annual NOI approximately $160,454 8.5% Cap Rate? Minutes from The Wharf, Orange Beach marinas, and public boat launches High demand market with limited competing inventory Opportunity for future income growth and operational expansion. This is a stable Gulf Coast income-producing asset, this Canal Road property offers immediate returns and long-term appreciation potential in one of Alabama's fastest-growing coastal markets. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Exterior
Utilities Available Baldwin EMC, Orange Beach Water Auth
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Building
Lot Description Other/See Remarks
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Orange Beach Middle
High Schools Orange Beach High
Others
Special Listing Condition None
Listed by RE/MAX of Orange Beach
Nearby Locations
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