Highway 59

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Highway 59

Bay Minette, AL 36507
Asking Price
$1.06M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 11 acres <ul><li>​Direct access to a Railroad Spur, connecting your operation to regional and national networks.</li><li>​Just 5 miles to I-65 and 12 miles to I-10, making it a true Gulf Coast gateway.</li><li>​Located in a federally designated Opportunity Zone, providing potential tax incentives.</li><li>​Positioned next to 31 Commons, the newest major retail and commercial hub in Bay Minette.</li><li>​Over 2,500 ft of Hwy 59 frontage with maximum exposure.</li><li>​All utilities available (water, sewer

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NOI
$80,000
Cap Rate
7.58%
DSCR
1.28
Strong
Cash-on-Cash
5.46%
Monthly Payment
$5,224.512
Annual Cash Flow
$17,305.858

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