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31 Hwy 59
Bay Minette, AL 36507
Asking Price
$1.41M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 16 acres <div><span style="font-weight: bold">Property Features:</span></div><ul><li>Over 2,500 ft of Hwy 59 frontage with maximum exposure.</li><li>All utilities available (water, sewer, power).</li><li>Paved ingress & egress road for smooth access.</li><li>Flat, usable acreage ready for development.</li><li>Lot 1 (11 acres) and Lot 2 (16 acres) available separately or together — combine for a large 28-acre investment site</li><li>Direct access to a railroad spur, connecting your operation to regi
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NOI
$80,000
Cap Rate
5.68%
DSCR
0.96
Underwater
Cash-on-Cash
-0.85%
Monthly Payment
$6,966.016
Annual Cash Flow
$-3,592.189
