601 Bel Air BlvdMobile, AL 36606

Property Details for 601 Bel Air Blvd

Year built

1973

Lot size

0.93 AC

Property size (Sq ft)

28,400 SF

Property type

Office buildings

APN

29 09 30 2 000 038.XXX

APU

2909302000038XXX

Description

This exceptional four-story, 28,400 square foot building, situated at 601 Bel Air Boulevard in Mobile, Alabama, presents a unique investment opportunity. Built in 1973, this mixed-use property boasts a prime location on a busy thoroughfare, offering excellent visibility and convenient access to I-65, Government Boulevard (State Highway 90), Airport Boulevard, and Cottage Hill Road. Its strategic placement across from Bel Air Mall ensures high foot traffic and brand recognition. The property is currently vacant, allowing for complete customization to suit a diverse range of businesses. Flexible floor plans cater to various needs, with spaces ranging from 100 to over 1,800 square feet. Previous tenants have included law offices, accounting firms, beauty salons, healthcare providers, real estate agencies, and more, demonstrating the building's adaptability. The property sits on a 0.956-acre lot and is zoned B-3. The asking price is $999,999, with the owner offering financing options for up to 50% of the sale price. This presents a compelling opportunity for owner-occupancy or investment. The property's versatility makes it suitable for a wide array of uses, including but not limited to art studios, nail salons, jewelry shops, IT services, bistros, and tutoring centers. A virtual tour is available online. The APN is 2909302000038.

• CAP approach

  CAP return

  Valuation

  6%

  $3,846,344

  6.5%

  $3,550,471

  7%

  $3,296,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,922,167

  Geo Method

  $2,018,956

• Alternative Use

  Use

  Valuation

  Residential

  $4,402,584

  Hospitality

  $4,032,744

  Educational

  $3,355,195

  Medical

  $3,470,586

  Retail

  $5,219,192

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6696

Longitude

-88.1176

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].