6941 Bellingrath RdTheodore, AL 36582
- Mixed-use properties
- 10,080 SF
Property Details for 6941 Bellingrath Rd
- Year built
- 2006
- Lot size
- 0.99 AC
- Property size (Sq ft)
- 10,080 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 38 02 03 3 000 019.XXX
- APU
- 3802033000019XXX
Description
This exceptional free-standing, mixed-use retail building, located at 6941 Bellingrath Rd in Theodore, Alabama, offers 5,082 square feet of space on a 0.97-acre lot. Built in 2006, the single-story building features 40 parking spaces and boasts excellent visibility at the corner of Hwy 90 and Bellingrath Rd, with an estimated daily traffic count of 27,000 vehicles. Currently, there are approximately 3,150 square feet divisible into smaller spaces, with a minimum divisible unit of 1,582 square feet. The property is well-maintained and benefits from a pylon sign and a traffic signal for easy access. Its prime location is within 1.5 miles of Theodore High School, Burroughs Elementary School, and Nan Grey Davis, ensuring high foot traffic and visibility. The asking rate is $13.50 per square foot, plus an estimated $2.00 per square foot for CAM, taxes, and insurance. The property's APN is 3802033000019.000 and is situated in Mobile County, Alabama, zip code 36582. This location offers convenient access to nearby amenities, including an Exxon gas station and Stop Shop. The property is ideal for a variety of retail or office uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,982,142
- 6.5%
- $1,829,669
- 7%
- $1,698,979
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,191,813
- Geo Method
- $1,110,710
-
Alternative Use
- Use
- Valuation
- Residential
- $1,829,669
- Hospitality
- $1,675,967
- Educational
- $1,394,385
- Medical
- $1,442,340
- Retail
- $2,169,044
Location Insight
- City
- Theodore
- County
- Mobile
- State
- Alabama
- Latitude
- 30.5472
- Longitude
- -88.1739
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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