717 Dauphin Island PkwyMobile, AL 36606

Property Details for 717 Dauphin Island Pkwy

Year built

1997

Lot size

0.47 AC

Property size (Sq ft)

6,837 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

29 10 28 3 002 094.XXX

APU

2910283002094XXX

Description

This freestanding, single-tenant retail building, totaling 6,487 square feet, presents a compelling investment or lease opportunity. Located at the high-traffic intersection of Dauphin Island Parkway and Halls Mills Road in Mobile County, Alabama, this property boasts excellent visibility and accessibility. Built in 1997, the structure features a single story and ample parking with 26 spaces. The B-3 zoning allows for a variety of retail uses, making it suitable for a diverse range of businesses. The property's previous tenant was a Family Dollar, indicating a proven track record of success in this location. The building's size and layout offer flexibility for potential tenants or owners seeking to establish a strong retail presence in a thriving area. This is an exceptional chance to acquire a well-situated property with significant potential for growth and return on investment. The property is conveniently located for easy access to major roadways and a substantial customer base. Serious inquiries are encouraged to explore the possibilities this prime retail space offers. The property includes one building and no elevators. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,148,199

  6.5%

  $1,059,876

  7%

  $984,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $717,249

  Geo Method

  $753,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,059,876

  Hospitality

  $970,840

  Educational

  $807,728

  Medical

  $835,507

  Retail

  $1,256,466

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6657

Longitude

-88.0867

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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