5460 Hamilton BlvdTheodore, AL 36582

Property Details for 5460 Hamilton Blvd

Year built

1985

Lot size

1.28 AC

Property size (Sq ft)

3,160 SF

Property type

Retail properties

APN

38 02 03 2 000 006.001

APU

3802032000006001

Description

This exceptional 3,000 square foot warehouse, located at 5460 Hamilton Blvd in Theodore, Alabama, presents a fantastic investment opportunity. Priced at $360,000, this light industrially zoned property sits on a 1.25-acre fenced lot, offering ample space for operations and storage. The building boasts a 16-foot ceiling height, providing generous vertical clearance. Access is facilitated by two drive-thru bays equipped with four 14-foot-high dock-high doors, ideal for efficient loading and unloading of goods. The property's convenient location offers easy access to Interstate 10 in both directions, just two miles away, ensuring seamless transportation and logistics. Currently vacant, this warehouse is ready for immediate occupancy and customization to suit a variety of industrial needs. The NNN lease type provides flexibility for the future tenant. This is a turnkey solution for businesses seeking a well-maintained, strategically located industrial space in the thriving Theodore, Mobile County market. The property's size, features, and location make it an attractive option for a wide range of industrial uses. Don't miss this chance to acquire a valuable asset in a high-demand area. The zip code is 36582.

• CAP approach

  CAP return

  Valuation

  6%

  $736,643

  6.5%

  $679,978

  7%

  $631,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $607,440

  Geo Method

  $566,104

• Alternative Use

  Use

  Valuation

  Residential

  $573,587

  Hospitality

  $525,402

  Educational

  $437,129

  Medical

  $452,162

  Retail

  $679,978

Location Insight

City

Theodore

County

Mobile

State

Alabama

Latitude

30.5556

Longitude

-88.1689

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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