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913 US HWY 98
DAPHNE, AL 36526-4127
Asking Price
$5.20M
Asset Type
Retail
Class
Class B
What's Special
Large commercial multi-purpose property <p>Perfectly located on the busy US Hwy 98 corridor along the Eastern Shore, this property features multiple buildings, covered storage and warehouse space. Existing leases are in place. Please contact the listing agents for details. The primary retail building is 19,878 square feet. Secondary is 5600 square feet. Spread across the rest of the nearly 6 acres are 10 different structures with a total warehouse or shed square footage of 45,151 square feet. There are approximately 350' of frontage o
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NOI
$80,000
Cap Rate
1.54%
DSCR
0.26
Underwater
Cash-on-Cash
-14.66%
Monthly Payment
$25,726.763
Annual Cash Flow
$-228,721.153
