100 Florida StMobile, AL 36607
- Retail properties
- 41,441 SF
Property Details for 100 Florida St
- Year built
- 2018
- Lot size
- 9.29 AC
- Property size (Sq ft)
- 41,441 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 29 07 23 0 003 304.XXX
- APU
- 2907230003304XXX
Description
This exceptional 62,335 square foot retail center, built in 2018, presents a prime opportunity for businesses seeking high-visibility locations in Mobile County. Currently, two suites are available, offering flexible space options ranging from a minimum of 845 square feet to a maximum contiguous space of 2,355 square feet. The property boasts a total of two suites, with 2,355 square feet currently vacant and ready for immediate occupancy. The center is strategically positioned less than two miles from Interstate 65, ensuring excellent accessibility and high traffic volume. Its prominent location, coupled with the presence of a Publix supermarket as an anchor tenant, guarantees significant foot traffic and brand recognition. The building's modern design and convenient layout make it ideal for a variety of retail uses, including restaurants and medical facilities. The property is situated near Florida Street, further enhancing its visibility and accessibility. This is an exceptional opportunity to establish or expand your business in a thriving retail environment. The minimum divisible space is 845 square feet, providing flexibility for smaller businesses, while the larger contiguous space offers ample room for expansion or multi-tenant occupancy. This property offers a unique blend of convenience, visibility, and established tenancy, making it an attractive investment for discerning businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,250,444
- 6.5%
- $7,615,794
- 7%
- $7,071,809
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,068,116
- Geo Method
- $7,424,022
-
Alternative Use
- Use
- Valuation
- Residential
- $6,424,208
- Hospitality
- $5,884,540
- Educational
- $4,895,868
- Medical
- $5,064,244
- Retail
- $7,615,794
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.6917
- Longitude
- -88.0987
- 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
- 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.
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