A-9731 A-9731 County Road 65 - Self-Storage Facilities FOR SALE


Foley, AL 36535
$6,600,000 USD
251-424-5682
A-9731 A-9731 County Road 65, Foley, AL for Sale
$6,600,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 8% Cap Rate

A-9731 A-9731 County Road 65
Foley, AL 36535


HIGHLIGHTS

  • 77 fully enclosed, powered storage units across 7 buildings ±60,000 SF of rentable space on 11.4 acres Built in 2023–2024 | Gated access with 24/7
  • NOI: $405,000 (current) | $525,000 (projected at $10/SF) Cap Rate: 6.14% current | Up to 7.95% projected Owner-managed via Storable Edge software +
  • integrated website Market rents trending up; strong demand for RV/Boat/Contractor storage Room for value-add: paving, signage, utility expansion

OVERVIEW

Foley Storage Solutions presents a unique opportunity to acquire a stabilized, income-producing storage facility with a track record of occupancy, cash flow, and near-term upside. Located in Baldwin County—Alabama’s fastest-growing region—this facility is positioned to serve both residential and commercial demand with high-quality, secure, and well-maintained units. Property Overview: This offering includes 77 fully enclosed, powered storage units totaling approximately 60,000 rentable square feet, situated across seven metal buildings on 11.4 acres of level land. The facility was developed in two phases: Phase 1: 48,000 SF completed in March 2023, leased to 100% occupancy by September 2024. Phase 2: 12,000 SF expansion delivered in late 2024; actively leasing with strong market demand. Each unit is accessed via individual powered roll-up doors and wide concrete drive aisles. The property features keypad-controlled gated entry, a 7-foot-high steel security fence, LED lighting, and 24/7 HD video surveillance. The infrastructure includes well water (no monthly utility bill), onsite power, and a professional digital management system through Storable Edge software, which integrates fully with the company’s branded website www.foleystoragesolutions.net. Financial Performance: Current Gross Income (at $8/SF): $480,000 annually Projected Gross Income (at $10/SF market rate): $600,000 annually Total Operating Expenses: Approx. $75,000 (Insurance: $25,000; Power, Trash, Security, Software: $35,000; Property Taxes: $15,000) Net Operating Income (NOI): $405,000 current | $525,000 projected Cap Rate: 6.14% (current) | 7.95% (at market rent) Zoning & Location: The property is located outside the FEMA flood zone (Zone X) and outside the Fairhope Single Tax district. It lies just off County Road 65, a short drive from both Highway 59 and the Foley Beach Express, giving it excellent accessibility for both local residents and regional users, including RV, boat, and contractor storage clients. The facility is surrounded by residential rooftops and mixed-use development, creating long-term synergy for future expansion. Future Value-Add & Expansion: While the facility is already producing consistent income, the property includes room for additional development or revenue optimization: Pave existing gravel areas to further professionalize and attract premium users Add additional phases of storage or flex space (subject to permitting) Enhance signage and branding for local and regional visibility Install solar or implement energy-saving enhancements to lower operational costs Introduce automated billing/payment kiosks or expand digital tenant features Supporting Documents (Available Upon Request): Full Rent Roll Occupancy Reports Annual Revenue Statements Monthly Operating Expenses Insurance Certificates Site Maps and Facility Layout Management & Operations: The facility is currently self-managed by the owner using Storable Edge software, a leading cloud-based management platform for self-storage operations. This allows for seamless unit monitoring, automatic tenant billing, online reservations, and remote access. Investors can continue this efficient setup or transition to third-party management, if preferred. Summary: This is a rare opportunity to purchase a modern, turnkey storage facility with proven performance, strong occupancy, professional management systems, and expansion capability. Whether you’re an experienced investor in self-storage or seeking a recession-resistant asset class with immediate income and future upside, Foley Storage Solutions delivers both stability and strategic growth potential. Offered at $6,600,000. Contact: Jonathan R. BennettBeachball Properties?? 251-424-5682?? jr@jonathanrbennett.realtor All information deemed reliable but not guaranteed. Buyer to conduct full due diligence. Financials and documentation available with executed NDA upon request.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Foley Storage Solutions

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Trailer/Camper Park, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

11.4 AC

LAND SF

496,584 SF

ZONING

Commercial

APN/PARCEL ID

60-01-12-0-000-005.000

ASK ABOUT THIS PROPERTY

Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

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Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

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