Commercial Report Mitchell College of Business Center for Real Estate Studies Mobile and Baldwin County Industrial Properties For Lease and For Sale Summer 2009 This report and others are found on the Center website at http://cres.southalabama.edu “Data you can use.” “Education you can use” For additional information, contact the Center for Real Estate Studies: Dr. Don Epley, Director Phone: (251)460-6735 Email: depley@usouthal.edu The data for this report was completed by: Alex Ryder, MBA Student, Mitchell College of Business USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor represents that its use would not infringe on privately owned rights. Reference to any specific commercial product, process, or service does not constitute an endorsement, recommendation, or favoring by USA. Industrial Properties Page - 1 Summer 2009 Introduction The following report is one of four commercial reports generated by the Center for Real Estate Studies in the Mitchell College of Business. This report contains information for Summer 2009 Industrial properties. Readers should know that the data covers advertised "for lease" and "for sale" data only. Final Sale information is excluded. The information source for the Industrial data is the Commercial Property Directory, Birmingham, AL. (www.commercialpropertydirectory.com) In addition to the Industrial report, the center provides three other commercial reports (Land, Office and Retail) can be found on the Center for Real Estate Studies website: http://cres.southalabama.edu Table of Contents Report Summary …………………………………………………………………………Page - 3 List of Zip Codes ………………………………………………………………………… Page - 4 Table 1: Asking Lease Rate per Square Foot by Property …………………… Pages - 5 - 6 Table 2: Vacancy Rate by Property ………………………………………………………Pages - 7 - 8 Table 3: Total Market of Industrial Properties Advertised for Lease Mobile …………………………………Pages - 9 - 12 Baldwin …………………………………Page - 13 Table 4: Advertised Sales Price per S.F. by Property ……………………………Pages - 14 - 15 Table 5: Sales Price per S.F. by Property ………………………………………………Pages - 16 - 17 Table 6: Industrial Properties Advertised for Sale ……………………………… Pages - 18 - 22 Mobile …………………………………Pages - 18 - 20 Baldwin …………………………………Pages - 21 - 22 Industrial Properties Page - 2 Summer 2009 Mobile & Baldwin County Reporting Summary 2009 Advertised Industrial Properties for Lease: Total Properties Listed …………………… 44 Asking Lease Rate per S.F. ………………. Median $4.50 on 36 Properties Reporting Advertised S.F. …………………………………………Median 11,900 on 44 Properties Reporting Total Advertised S.F. …………………………… 520,113 on 25 Properties Reporting Available S.F. …………………………………. Median 11,375 on 37 Properties Reporting Total Available S.F. ………………………… 720,159 on 37 Properties Reporting 2009 Advertised Industrial Properties for Sale: Total Properties Listed ……………………. 53 Sales Price ……………………………………… Median $427,500 on 49 Properties Reporting Building S.F. …………………………………… Median 13,434 on 24 Properties Reporting Sales Price per Building S.F. ……………. Median $47.81 on 24 Properties Reporting Site S.F. …………………………………………. Median 161,172 on 38 Properties Reporting Sales Price per Site S.F. ………………………. Median $2.25 on 35 Properties Reporting Note: This data covers only properties advertised for lease and for sale as an indication of current market activity. They do not represent the total inventory. For example, the buuilding s.f. represents only buildings that are advertised with available space. Owner-occupied property is excluded, also. Industrial Properties Page - 3 Summer 2009 Zip Code, City and Area Code Zip Code City 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 36622 36625 36628 36630 36633 36640 Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 Industrial Properties Mobile County Area Code Zip Code 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 City Area Code Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 58 Total Mobile Baldwin County Zip Code 36502 36507 36511 36526 36527 36530 36532 36535 36542 36549 36550 36551 36555 36561 36562 36567 36574 36576 36578 36579 36580 City Atmore Bay Minette Bon Secour Daphne Spanish Fort Elberta Fairhope Foley Gulf Shores Lillian Little River Loxley Magnolia Spgs Orange Beach Perdido Robertsdale Seminole Silverhill Stapleton Stockton Summerdale Area Code 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 21 Total Baldwin County Page - 4 Summer 2009 Industrial Properties Table 1. Mobile and Baldwin County Advertised For Lease Summer 2009 Asking Lease Rate per SF by Property Industrial Properties Zip Code Asking Lease Per S.F. Total Advertised S.F. 36525 36526 36526 36527 36527 36532 36535 36535 36535 36535 36551 36571 36575 36575 36578 36578 36582 36582 36602 36602 36603 36603 36606 36606 36607 36607 36610 36615 36615 $3.25 $6.00 $7.04 $0.57 $0.70 $6.00 $4.50 $5.00 $6.00 $5.50 $0.38 $4.00 $0.88 $0.43 $4.16 $7.50 $4.50 $7.25 $0.36 $0.33 $0.48 $3.50 $5.50 $11.00 11,375 6,035 5,625 8,720 2,500 9,320 94,049 20,000 10,500 6,000 40,000 132,000 4,000 12,875 7,200 7,200 $3.25 $4.50 $4.50 Page - 5 5,000 6,400 13,000 11,800 12,000 23,500 44,606 14,310 56,000 28,000 17,500 15,000 Summer 2009 Asking Lease Rate per SF by Property Zip Code Table 1. 36615 36615 36615 36615 36615 36617 36618 36619 36619 36619 36693 36693 36693 36693 36693 No Zip Median Properties Reporting Industrial Properties Asking Lease Per S.F. $2.25 $6.25 $0.50 $3.50 $8.67 $6.90 $1.25 $5.00 $7.50 $4.50 36 Page - 6 Total Advertised S.F. 28,000 48,000 21,600 7,850 40,000 50,000 8,813 5,000 38,500 14,000 9,000 8,600 16,800 8,500 9,600 6,000 11,900 44 Summer 2009 Industrial Properties Table 2. Mobile and Baldwin County Advertised For Lease Summer 2009 Vacancy Rate by Property Zip Code 36525 36526 36526 36527 36527 36532 36535 36535 36535 36535 36551 36571 36575 36575 36578 36578 36582 36582 36602 36602 36603 36603 36606 36606 36607 36607 36610 36615 36615 Industrial Properties Total Advertised S.F. Advertised Available S.F. Calculated Vacancy Rate 11,375 11,375 6,035 3,750 8,720 2,500 9,320 94,049 20,000 10,500 6,000 40,000 132,000 4,000 12,875 7,200 7,200 100% 5,000 100% 5,625 9,320 94,049 20,000 10,500 6,000 12,875 7,200 5,000 6,400 13,000 11,800 12,000 23,500 8,712 14,310 12,000 44,606 67% 100% 100% 100% 100% 100% 100% 100% 100% 20% 56,000 28,000 17,500 15,000 Page - 7 Summer 2009 Vacancy Rate by Property Zip Code Table 2. 36615 36615 36615 36615 36615 36617 36618 36619 36619 36619 36693 36693 36693 36693 36693 No Zip Total Median Properties Reporting Industrial Properties Total Advertised S.F. Advertised Available S.F. Calculated Vacancy Rate 28,000 12,000 25% 48,000 21,600 7,850 40,000 50,000 8,813 5,000 38,500 14,000 9,000 8,600 16,800 8,500 9,600 8,813 38,500 9,000 16,800 9,600 6,000 520,113 11,375 720,159 11,375 25 37 Page - 8 100% 100% 100% 100% 100% Summer 2009 Industrial Properties Table 3. Mobile and Baldwin County Summer 2009 Mobile Total Market of Industrial Properties Advertised for Lease Zip Code Property Name Address City Year Built Total S.F. Lease Available Agent Name & Price S.F. Phone # Per S.F. 36525 Warehouse/Office I-65 Visibility! 9513 Sailor Rd. Creola 36571 GAF Building 252 Jacintoport Saraland 36572 Cain Industrial Park Baldwin Road Satsuma 36575 Deep South Granite & Marble 9757 Betty's Way Semmes 36575 3180 Snow Road N 3180 Snow Road N Semmes 36582 Mobile South Business Park 5155 Mobile South Street Theodore 36582 Business Parkway 5275 Business Parkway Theodore 5000 $7.25 36602 206 Maryland Street 206 Maryland Street Mobile 6400 $0.36 36602 811 St. Francis Street 811 St. Francis Street Mobile 13000 $0.33 36603 211 Maryland Street 211 Maryland Street Mobile 36603 961 Congress Street 961 Congress Street Mobile Industrial Properties Page - 9 11375 12875 $3.25 11,375 $4.00 132,000 $0.88 4,000 $0.43 12,875 $4.50 12000 5,000 $0.48 11,800 $3.50 12,000 Bob Cooper 251-639-4007 Rudolph Turner 251-342-0400 Pete Riehm 251-438-4312 Cynthia Byrd 251-649-1000 Cynthia Byrd 251-649-1000 Mitchum Jackson 251-479-8606 Mitchum Jackson 251-479-8606 Adam Metcalfe 251-432-2600 Adam Metcalfe 251-432-2600 Adam Metcalfe 251-432-2600 Joseph Betbeze 251-476-4111 Summer 2009 Industrial Properties - Mobile … continued Table 3. Total Market of Industrial Properties Advertised for Lease Zip Code Property Name Address City Year Built Total S.F. 1985 44,606 36606 Dauphin Center 2866 Dauphin Street Mobile 36606 Beltline Hwy 1541 E Beltline Hwy South Mobile 36607 Chricton Street 3200 Chrichton Street Mobile 36607 Mill Street Office/Warehouse 3002 Mill Street Mobile 36610 Braco Industrial Park 1315 St. Stephens St. Prichard 36615 Building in Brookley 1771 15th Street Mobile 2048 B South Broad St Mobile Perimeter Road & Michigan Ave Mobile Broad St & 5th St Mobile Commanders Dr Mobile Nowlin St & Madea St Mobile Perimeter Road & Michigan Ave Mobile Gatotkoco Dr Mobile 36615 36615 36615 36615 36615 36615 36615 Office / Warehouse in Brookley Brookley Complex 2 acres Brookley Complex 3 acres Brookley Complex 7 acres Brookley Complex 10 acres Brookley Complex 18 acres Brookley Complex 24 acres Industrial Properties Page - 10 56,000 Lease Available Agent Name & Price S.F. Phone # Per S.F. $11.00 8,712 John Toomey 251-342-7229 $5.50 23,500 Todd Drummond 251-694-1180 14,310 Adam Metcalfe 251-432-2600 Todd Drummond 251-694-1180 $3.25 28,000 Terry McKinney 251-460-0910 $4.50 17,500 Mitchum Jackson 251-479-8606 $4.50 15,000 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Summer 2009 Industrial Properties - Mobile … continued Table 3. Total Market of Industrial Properties Advertised for Lease Zip Code Property Name Address City Year Built Total S.F. 36615 Brookley Complex 25 acres 16th Street Circle Mobile 36615 Office Building no. 1 15th St & Broad St Mobile 36615 Air Cargo Building 2455 Michigan Ave Mobile 48,000 36615 Building 14A section D 1840 8th St Mobile 21,600 36615 Building 2 1779 6th St Mobile 7,850 36615 Building 210 1940 Ave A Mobile 40,000 36615 Building 85 2126 Ave C Mobile 36617 Paper Products 3440 Armour Blvd Mobile 36618 Brookdale 1917 W Brookdale Dr. Mobile 36619 5870 Old Pascagoula Road 5870 Old Pascagoula Road Theodore 2007 36619 Kooiman Rd Warehouses 5235 Kooiman Rd Theodore 1985 36619 Rangeline Road Warehouse 5460 Rangeline Road Theodore 36693 4501 Halls Mill Road 4501 Halls Mill Road Mobile 36693 Halls Mill Road Warehouse 4345 Halls Mill Road Mobile Industrial Properties Page - 11 Lease Available Agent Name & Price S.F. Phone # Per S.F. 28,000 8,813 38,500 12,000 $2.25 50,000 $6.25 8,813 $0.50 5,000 $3.50 38,500 14,000 9,000 $8.67 9,000 $6.90 8,600 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Carleen Stout 251-650-1487 Bernie Heggeman 251-479-8606 John Delchamps 251-476-0808 Adam Metcalfe 251-432-2600 Mitchum Jackson 251-479-8606 Pete Riehm 251-438-4312 Bob Cooper 251-639-4007 Todd Drummond 251-694-1180 Summer 2009 Industrial Properties - Mobile … continued Table 3. Total Market of Industrial Properties Advertised for Lease Zip Code Property Name Address City Year Built Total S.F. 1981 16,800 36693 1668 W I-65 Service Rd. S 1668 W I-65 Service Rd. S Mobile 36693 Lakeside Office/Warehouse 801 Lakeside Drive Mobile 36693 I-65 9,600 sf office/warehouse for lease 2342 W I-65 Service Road Mobile No Zip 8043 Airway Park Dr. 8043 Airway Park Dr. Mobile Industrial Properties Page - 12 1981 Lease Available Agent Name & Price S.F. Phone # Per S.F. $1.25 9,600 $5.00 6,000 $7.50 16,800 Bob Cooper 251-639-4007 8,500 Todd Drummond 251-694-1180 9,600 Angela McArthur 251-639-4007 John Delchamps 251-476-0808 Summer 2009 Industrial Properties Table 3. Baldwin County Summer 2009 Total Market of Industrial Properties Advertised for Lease Zip Code Property Name Address City 36526 TK Business Park - HVAC Warehouse 1018 Stanton Road Daphne 36526 Daphne Office-Warehouse 9101 Milton Jones Rd Daphne 36527 Highway 31 Warehouse 33112 Highway 31 36527 Bunny Bread Warehouse 11100 Old US HWY 31 36532 Taupeka Warehouse Building 807 Nichols Street 36535 Peavey Electronics Building 410 EAST SECTION AVE Foley 36535 9152 Hard Drive 9152 Hard Drive Foley 36535 Braco III 9831 Hard Drive 36535 Braco II 36551 Year Total Lease $6.00 Available Agent Name & SF LaSha Powell 6,035 251-928-9890 $7.04 3,750 Stapleton $0.57 8,720 Timber Creek $0.70 2,500 9,320 $6.00 9,320 94,049 $4.50 94,049 2006 20,000 $5.00 20,000 Foley 2006 10,500 $6.00 10,500 9365 Hard Drive Foley 2005 6,000 $5.50 6,000 Railroad Avenue Industrial 28080 Railroad Avenue Loxley $0.38 40,000 36578 7200 SF - Stapleton, AL Hwy 59 Stapleton $4.16 7,200 36578 Warehouse for Lease 36220 Highway 59 Stapleton $7.50 7,200 Industrial Properties Fairhope Page - 13 5,625 1978 2006 7,200 Dennis Frodsham 251-990-6622 Mitchum Jackson 251-479-8606 Marl Cummings 251-476-6000 Bob Taupeka 251-928-3712 C.David Tisher 251-438-4312 Adam Metcalfe 251-432-2600 Jeff Barnes 251-943-5989 Jeff Barnes 251-943-5989 Danna Booth 251-478-7223 Joseph Everson 251-943-5989 Jeanne McKay 251-626-1970 Summer 2009 Table 4. Industrial Properties Mobile and Baldwin County Advertised For Sale Summer 2009 Advertised Sale Price per SF by Property Zip Code 36507 36507 36507 36507 36521 36522 36525 36525 36525 36526 36535 36535 36535 36551 36551 36551 36551 36551 36551 36560 36571 36572 36575 36575 36575 36578 36580 36580 Industrial Properties Advertised Sales Price Advertised Square Foot $499,000.00 $125,000.00 $155,000.00 $999,999.00 $350,000.00 $299,000.00 $2,300,000.00 20000 17200 20000 77083 Call For Pricing $895,000.00 $175,000.00 $1,250,000 $795,000 $449,000 $165,000.00 $1,190,250.00 $125,000.00 $3,650,000.00 $235,000.00 $895,000 $1,600,000.00 $350,000.00 $40,000.00 $200,000.00 $355,000 $549,900 $819,000.00 $49,900.00 $106,000.00 Page - 14 15375 20000 10500 6000 64004 40000 718740 3780 4000 12875 10800 Summer 2009 Table 4. Industrial Properties Mobile and Baldwin County Advertised For Sale Summer 2009 Advertised Sale Price per SF by Property Zip Code 36580 36582 36582 36582 36582 36582 36582 36582 36582 36603 36603 36606 36607 36608 36610 36610 36612 36612 36618 36619 36619 36619 36693 36693 Median Properties Reporting Industrial Properties Advertised Sales Price $760,000.00 $2,400,000.00 Advertised Square Foot Call For Pricing Call For Pricing $800,000.00 $729,000 $640,000 $295,000 $325,000 $2,750,000 $125,000 $398,000 $425,000 $280,000 $150,000 $500,000 $430,000 $435,000 $375,000 $2,200,000 $289,500 $980,000 $70,000 479160 7500 5000 11000 11700 6600 32500 6275 14000 Call For Pricing $427,500 13,438 53 25 Page - 15 Summer 2009 Table 5. Industrial Properties Mobile and Baldwin County Summer 2009 Advertised For Sale Price Per S.F by Property Zip Code Sales Price 36507 36507 36507 36507 36521 36522 36525 36525 36525 36526 36551 36551 36551 36551 36551 36560 36571 36572 36575 36578 36580 36580 36580 36582 36582 36582 36582 36582 $499,000.00 $125,000.00 $155,000.00 $999,999.00 $350,000.00 $299,000.00 $2,300,000.00 Industrial Properties $895,000.00 $175,000.00 $165,000.00 $1,190,250.00 $125,000.00 $3,650,000.00 $235,000.00 $1,600,000.00 $350,000.00 $40,000.00 $200,000.00 $819,000.00 $49,900.00 $106,000.00 $760,000.00 $2,400,000.00 $800,000.00 $729,000 Building S.F. Site S.F.* Acres 20,000 130,680 130,680 174,240 3 3 4 17,200 20,000 77,083 187,308 148,104 4.3 3.4 4,791,600 204,732 72,310 110 4.7 1.66 1,502,820 34.5 871,200 20 297,950 718,740 23,958 6.84 16.5 0.55 522,720 1,568,160 107,158 479,160 4,704,480 12 36 2.46 11 108 15,375 64,004 718,740 3,780 10,800 479,160 Page - 16 Sales Price Sales Price per Building per Site S.F. S.F. $24.95 $3.82 $0.96 $0.89 $20.35 $14.95 $29.84 $58.21 $1.87 $2.02 $0.00 $4.37 $2.42 $0.79 $57.03 $0.06 $52.91 $75.83 $4.19 $1.17 $0.06 $8.35 $4.59 $1.67 $1.67 $0.15 Summer 2009 Table 5. Industrial Properties Mobile and Baldwin County Advertised for Sale Price Per S.F by Property Zip Code Sales Price Building S.F. 36582 $640,000 7,500 36582 $295,000 36603 $2,750,000 36603 $125,000 11,000 36606 $398,000 36607 $425,000 11,700 36608 $280,000 6,600 36610 $150,000 36610 $500,000 32,500 36612 $430,000 36612 $435,000 36618 $375,000 6,275 36619 $2,200,000 36619 $289,500 36693 $70,000 36693 36535 $1,250,000 20,000 36535 $795,000 10,500 36535 $449,000 6,000 36551 $895,000 40,000 36575 $355,000 4,000 36575 $549,900 12,875 36582 $325,000 5,000 36619 $980,000 14,000 Median $427,500 13,438 Properties Reporting 48 24 Median Sales Price Per Building S.F. Median Sales Price Per Site S.F. Sales Price Sales Price per Building per Site S.F. S.F. $85.33 $12.24 $0.87 Site S.F.* Acres 52,272 339,768 1.2 7.8 78,408 226,512 17,424 18,295 1.8 5.2 0.4 0.42 $11.36 435,600 1,306,800 1,241,460 65,340 1,884,406 128,938 10 30 28.5 1.5 43.26 2.96 $15.38 2,069,100 77,101 34,412 24,394 47.5 1.77 0.79 0.56 58,370 44,431 8,712 65,340 161,172 1.34 1.02 0.2 1.5 4 38 38 $36.32 $42.42 $59.76 $1.59 $1.76 $24.39 $15.30 $1.15 $0.33 $0.35 $5.74 $1.17 $2.25 $62.50 $75.71 $74.83 $22.38 $88.75 $42.71 $65.00 $70.00 48 $16.21 $23.10 $18.41 24 $47.81 35 $6.08 $12.38 $37.30 $15.00 2 $2.25 *Site S.F. obtained by converting acreage listed to square feet by using the conversion factor: 1 acre = 43560 square feet Industrial Properties Page - 17 Summer 2009 Industrial Properties Table 6. Mobile and Baldwin County Mobile Summer 2009 Masterfile of Industrial Properties Advertised for Sale Zip Code Property Name Address City Sales Price Building S.F. Site S.F. 36521 Citronelle, Al 1575 Joy St Citronelle $350,000.00 17,200 187,308 36522 Warehouse in Citronelle 8175 Joy Street Citronelle $299,000.00 20,000 148,104 36525 Greif Brothers 1200 Radcliff Road Creola $2,300,000.00 77,083 36525 2 Outstanding Sites Warehouse/Distribution Warehouse/Office for Sale near I-65 Land Adjacent to ThyssenKrupp Steel Mill Mobile River Industrial Park Parcel Hwy 43 & I-65 Corridor Creola 9513 Sailor Rd. Bldg. 1&2 Creola $895,000.00 Mt.Vernon $1,600,000.00 Bill Myles Drive West Saraland $350,000.00 36525 36560 36571 20100 Highway 43 4,791,600 15,375 204,732 297,950 36572 Baldwin Road Land West End of Baldwin Road Satsuma $40,000.00 718,740 718,740 36575 Deep South Granite & Marble 9757 Betty's Way Semmes $355,000 4,000 58,370 36575 3180 Snow Road N 3180 Snow Road N Semmes $549,900 12,875 44,431 36575 Equipment Maintenance 1550 Schillinger Rd Semmes $200,000.00 3,780 23,958 36582 Business Parkway 5275 Business Parkway Theodore $325,000 5,000 8,712 Industrial Properties Page - 18 Agent Name & Phone # Mitchum Jackson 251-479-8606 C.David Tisher 251-438-4312 Adam Metcalfe 251-432-2600 John D. Peebles 251-438-4312 Bob Cooper 251-639-4007 Ben Purvis 251-675-8893 Pete Riehm 251-438-4312 Pete Riehm 251-438-4313 Cynthia Byrd 251-649-1000 Cynthia Byrd 251-649-1000 Ty Irby 251-649-1000 Mitchum Jackson 251-479-8606 Summer 2009 Industrial Properties - Mobile Table 6. Masterfile of Industrial Properties Advertised for Sale Zip Code Property Name Address City Sales Price $2,400,000.00 Building S.F. Site S.F. 36582 Willis Rd- 12 Acres for Sale 0 Willis Rd Theodore 36582 Deer Port Commerce Park Lot 4 Deer River Road Theodore 1,568,160 36582 Highway 90 at Broadview Highway 90 at Broadview Drive Theodore 107,158 36582 SE Corner of Carol Plantation Carol Plantation and Old Pascagoula Rd and Old Pascagoula R Theodore $800,000.00 36582 108 Acres for Sale Brasfield RD 0 Brasfield Rd. Theodore $729,000 36582 Warehouse for Sale, 5400A Willis Rd. 5400 A. Willis Rd. Theodore $640,000 36582 Theodore Industrial Site 4480 Hamilton Blvd Theodore $295,000 36603 Marine Specialty Building 111 Short Texas Street Mobile $2,750,000 36603 Conception Street Road Warehouse Mobile $125,000 Mobile $398,000 36606 1313 Conception Street Road Halls Mills Rd. across Halls Mill @ Riviere Du Chein from Riviere Du Chein Dr. 522,720 479,160 479,160 4,704,480 7,500 52,272 339,768 11,000 78,408 226,512 36607 2904 Mill Street 2904 Mill Street Mobile $425,000 11,700 17,424 36608 Office/Warehouse for Sale on McKinley Ave. 7675 McKinley Ave. Mobile $280,000 6,600 18,295 36610 Braco Industrial Park Lot 1313 St. Stephens Rd. Prichard $150,000 Industrial Properties Page - 19 Agent Name & Phone # David Cooper 251-639-4007 Adam Metcalfe 251-432-2600 Danna Booth 251-478-7223 Marietta Urquhart 251-479-8606 Tony Cooper, CCIM 251-639-4007 Bob Cooper 251-639-4007 C.David Tisher 251-438-4312 Bernard Malkove 251-479-2722 C.David Tisher 251-438-4312 Adam Metcalfe 251-432-2600 Joseph G. Betbeze 251-476-4111 Angela McArthur 251-639-4007 Terry McKinney 251-460-0910 Summer 2009 Industrial Properties - Mobile Table 6. Masterfile of Industrial Properties Advertised for Sale Zip Code Property Name Address City Sales Price Building S.F. Site S.F. 32,500 435,600 36610 Braco Industrial Park 1315 St. Stephens Rd. Prichard $500,000 36612 Anton Street 222 Anton Street Mobile $430,000 1,306,800 36612 Interstate-65 and St. Stephen's Road Anton Street Mobile $435,000 1,241,460 36618 6900 Moffett Rd 6900 Moffett Rd Mobile $375,000 6,275 65,340 36619 Rangeline Road Warehouse 5460 Rangeline Road Theodore $980,000 14,000 65,340 36619 SouthPort Industrial Estate Hamilton Blvd Theodore $2,200,000 1,884,406 36619 Calhoun Road Calhoun Road Tillman's Corner $289,500 128,938 36693 Old Bay Shore Road 0 Old Bay Shore Road Mobile $70,000 36693 Laughlin Industrial Park 4525 Halls Mill Road Mobile Industrial Properties 2,069,100 Page - 20 Agent Name & Phone # Terry McKinney 251-460-0911 Brian Metcalfe 251-432-2600 Brian Metcalfe 251-432-2601 Cynthia Byrd 251-649-1000 Pete Riehm 251-438-4312 John D. Peebles 251-438-4312 Adam Metcalfe 251-432-2600 Matthew Garrard 251-476-6000 Todd Drummond 251-694-1180 Summer 2009 Industrial Properties - Baldwin County Table 6. Masterfile of Industrial Properties Advertised for Sale Zip Code Property Name Address City Sales Price Building S.F. Site S.F. 36535 9152 Hard Drive 9152 Hard Drive Foley $1,250,000 20,000 77,101 36535 Braco III 9831 Hard Drive Foley $795,000 10,500 34,412 36535 Braco II 9365 Hard Drive Foley $449,000 6,000 24,394 36551 Railroad Avenue Industrial Loxley $895,000 40,000 36507 Bay Minette - Industrial Property Bay Minette $499,000.00 20,000 36507 Bay Minette - Industrial Lot Bay Minette $125,000.00 130,680 36507 Bay Minette - Industrial Lot Bay Minette $155,000.00 174,240 36507 Bay Minette - 40 Acre Industrial Tract Bay Minette $999,999.00 36526 Lot 1 Unit 2 Daphne Commercial Park Lot 2-A Loxley I-10 Business Park East Approved Commercial Park 34.5 Acres Commerical Lot 29990 Hwy 49 North Loxley 0 American Way Daphne $175,000.00 County Road 49 North Loxley $165,000.00 4.5 Miles North of I-10 Hwy 59 Loxley $1,190,250.00 29990 North Hwy 49 Loxley $125,000.00 LOXLEY $3,650,000.00 36551 36551 36551 36551 28080 Railroad Avenue Former Bay Minette Industrial Park Former Bay Minette Industrial Park Former Bay Minette Industrial Park US Hwy 31 Office/Warehouse Complex 26532 Railroad Ave Industrial Properties Page - 21 130,680 72,310 1,502,820 64,004 871,200 Agent Name & Phone # Adam Metcalfe 251-432-2600 Jeff Barnes 251-943-5989 Jeff Barnes 251-943-5990 Danna Booth 251-478-7223 Dane Haygood 251-626-7200 Dane Haygood 251-626-7201 Dane Haygood 251-626-7202 Dane Haygood 251-626-7203 Louise McCown 251-990-6622 Joseph G. Betbeze 251-476-4111 Joe Steen 251-478-8840 Joe Steen 251-478-8841 Joe Steen 251-478-8842 Summer 2009 Industrial Properties - Baldwin County Table 6. Masterfile of Industrial Properties Advertised for Sale Zip Code Property Name Address City Sales Price Loxley $235,000.00 Stapleton $819,000.00 20 Cypress Avenue Summerdale $49,900.00 6 Wynn Road Summerdale $106,000.00 3 Wynn Road Summerdale $760,000.00 36551 Loxley I-10 Business Park 36578 Upscale Executive Offices & 36220 Highway 59 Warehouse 36580 Circle D Commercial Park 36580 Circle D Commercial Park - 2 lots Circle D Commercial Pk - Bulk Sale 36580 Industrial Properties Hwy 59 Page - 22 Building S.F. 10,800 Site S.F. Agent Name & Phone # David Cooper 251-639-4007 Jeanne McKay 251-626-1970 LaSha Powell 251-928-9892 LaSha Powell 251-928-9892 LaSha Powell 251-928-9892 Summer 2009