25171 State Highway 59 Hwy - Self-Storage Facilities FOR SALE


Loxley, AL 36551
$3,800,000 USD
251-510-1822
25171 State Highway 59 Hwy, Loxley, AL for Sale
$3,800,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

25171 State Highway 59 Hwy
Loxley, AL 36551


HIGHLIGHTS

  • Excellent location and visibility with over 360’ on State Hwy. 59 (aka Gulf Shores Pkwy)
  • Entire 6.4 +/- acres fully fenced with two access gates with keypads and 16 security cameras
  • Master plan approved for three additional buildings totaling 41,860 SF
  • 173.2% population growth in Loxley 2010 – 2024
  • 206 units (88 Climate Controlled, 88 Non-Climate, 10 Enclosed Boat/RV and 20 outdoor parking spaces

OVERVIEW

Located on State Highway 59 (Gulf Shores Parkway), this self-storage facility offers exceptional visibility with over 360 feet of frontage on one of Baldwin County’s most traveled corridors. The property spans approximately 6.4 acres, fully fenced and secured with two keypad-access gates and 16 surveillance cameras, ensuring top-tier security for tenants and peace of mind for ownership. The asset currently features 206 units: 88 climate-controlled, 88 non-climate, 10 enclosed boat/RV spaces, and 20 outdoor parking spaces, totaling 47,400 rentable square feet. Physical occupancy stands at approximately 70%, providing immediate upside for investors. Built in 2021 with expansion in 2022, the property benefits from a master plan approved for three additional buildings totaling 41,860 SF, offering significant growth potential.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairlane Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.4 AC

LAND SF

278,784 SF

ZONING

-

APN/PARCEL ID

42-06-24-0-000-009.000,42-06-24-0-000-011.000

ASK ABOUT THIS PROPERTY

Sharon Wright, CCIMOmega Properties, Inc.More Info
251-510-1822

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Sharon Wright, CCIMOmega Properties, Inc.More Info
251-510-1822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.