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Listing Details
- $1,895,000
- MLS# 398095
- Type Land - Farm
- Status Active
Listed By
Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
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 highly desirable 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...read more
Features
- Orange Beach Water Auth
Gallery
Listed By
Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
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