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3.50 canal road
Orange Beach, AL 36561
Asking Price
$3.25M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 3.5 acres <ul><li>650 feet of frontage on Canal Road – a major commercial corridor</li><li>3.5 acres of dry land – ready for development</li><li>Strategically positioned between The Wharf and Highway 161</li><li>Subdivided into three parcels (see attached)</li><li>available individually or as a whole</li><li>A rare opportunity to secure a premium commercial footprint in a thriving market.</li><li>https://youtu.be/Qo6w4nk96Tw?si=Iry5dlQNfWGXY1sa</li></ul>
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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721
