Elberta, AL 36530,26132 US Highway 98
Elberta, AL 36530,26132 US Highway 98
Elberta, AL 36530,26132 US Highway 98
Elberta, AL 36530,26132 US Highway 98
Elberta, AL 36530,26132 US Highway 98
Elberta, AL 36530,26132 US Highway 98
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$ 2,175,000
Est. payment | /mo

27,000 SqFt


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$ 2,175,000
Est. payment | /mo
Save

27,000 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 27,000 sqft

Price per Sqft $80

Subdivision Al

MLS Listing ID 386652

Construction Status Resale

Year Built 2007

Lot Size 16.096 Acres

Property Sub-Type Industrial

Property Description

PREMIER SELF-STORAGE INVESTMENT OPPORTUNITYA-AFFORDABLE STORAGE | 27,000 NRSF | 133 Units | 16.1 AcresTURN-KEY CASH FLOW + UNMATCHED EXPANSION POTENTIALThis is the high-yield investment you've been waiting for—a fully operational self-storage facility with immediate income and a massive 16.1-acre footprint primed for growth. Located in a booming market with minimal competition, this asset offers serious investors a rare opportunity to scale quickly.Investment HighlightsEstablished Income-Producing Facility – 27,000 NRSF with 133 units, including 11,250 NRSF climate-controlled and 48 boat/RV parking spaces.Expansion-Ready – Room to add up to 271 covered/enclosed boat and RV spaces for significant revenue growth.Surging Demand – 1.85% population growth, seven times the national average.Limited Competition – No new or planned storage developments within a five-mile radius.High-Visibility Location – Direct frontage on U.S. Highway 98, capturing over 10,800 vehicles per day.Property OverviewAddress: 26132 US-98, Elberta, AL 36530Size: 16.1 acres | 133 total unitsClimate-Controlled Units: 98Boat/RV Parking: 48 spaces (35 covered, 13 uncovered)Security: Keyless gate entry, video surveillanceBuilt: 2007Zoning: M1 (Light Industrial)Financial SnapshotCurrent Occupancy: 70% (Units) | 63% (Area)Projected Annual Income: $221,940Net Operating Income (NOI): $150,677Expansion = Exponential ReturnsAdditional Buildable NRSF: 171,933 SFProjected Revenue at 90% Occupancy: $1,176,022Projected NOI Increase: $846,736Beat the Competition & Maximize ROIRent Premiums: Climate-controlled 10x10 units = $155/month (vs. $124 average)Boat/RV Parking: $100/month (vs. $78 average)This property delivers immediate cash flow with a clear path to exponential revenue growth. With Elberta's rapid expansion and minimal competition, now is the time to secure this high-performing asset. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Elberta 1

Zoning Business/Commercial

Interior

Cooling Other

Exterior

Parking Features Parking Lot

Garage Yes

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Listed by RE/MAX of Orange Beach

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Nicole Smith
Nicole Smith

REALTOR® | Licensed in Alabama and Florida | Lic# AL #82151 / FL #SL3129219

+1(251) 776-2909

1545 W 2nd St, Gulf Shores, AL, 36542, USA

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26132 US Highway 98