For Sale
$2,625,000

18587 Co Rd 32Summerdale, AL 36580

6.5 Acres Storage Facility / Covered RV & Boat Storage For Sale

Source: https://www.saltercompany.com

Overview

Added:
Feb 12
Days on market:
52
EXCLUSIVE STORAGE FACILITY - SECURE YOUR INVESTMENT NOW!

PPIN 98586, Parcel #05-48-09-31-4-000-005.005

Introducing a fantastic opportunity to acquire a newly built and opened in April 2023 storage facility. Perfect for investors and businesses in Baldwin County or nearby!

This incredible property boasts a spacious lot size of 6.5 acres, with 190 parking units total, 110 - covered and 80 - open. Whether you're storing boats, RVs, other vehicles, or equipment, this facility has you covered!

Perfectly located at the intersection of Hwy 59 and County Road 32 in Summerdale, AL. Featuring a prime spot, this property has excellent visibility and accessibility.

Plenty of space to accommodate your customers. The convenience of gated access allows for maximum security, ensuring peace of mind for both you and your clients. Plus, with 24-hour access, your tenants can retrieve their belongings at any time, making it an even more attractive option.

Constant area population growth and steady tourist traffic create a booming demand for storage in this area. The projected rent price per covered lot is $150/month and $50 - for an open lot. This facility is expected to attract a steady stream of customers, ensuring excellent rental income potential for the new owner.

The seller will consider financing with a 10% downpayment and 7% interest

Property Details for 18587 Co Rd 32

Property type
Self storage facilities, Flex space
Square Feet
283,140 SF
Price / Square Foot
$9.27
Year Built
2023
Buildings
3
Stories
1
Total Parking Spaces
190
Elevators
N/A
Lot Size (sq. ft)
283,140 SF

Location Insight

City
Summerdale
County
Baldwin
State
Alabama

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18587 Co Rd 32
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