5803 Old Shell RdMobile, AL 36608

Property Details for 5803 Old Shell Rd

Year built

2022

Lot size

1.86 AC

Property size (Sq ft)

12,800 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

28 05 21 1 000 064.XXX

APU

2805211000064XXX

Description

Jag Plaza offers exceptional retail space in Mobile County, Alabama. This brand-new, Class A, single-story building boasts 13,120 square feet of total space, perfectly situated across from the expanding University of South Alabama. The property features 75 parking spaces for ample customer convenience. Four units are currently available, with flexible sizes ranging from 1,600 to 3,200 square feet, ideal for a variety of restaurant concepts or retail businesses. The building enjoys high visibility with frontage on both Old Shell Road and Long Street, ensuring significant foot traffic and brand exposure. Its strategic location places it directly opposite a Holiday Inn Express and the Mitchell Center, guaranteeing a steady stream of potential customers. Built in 2023, this property offers modern amenities and a contemporary design, making it an attractive option for businesses seeking a prime location in a thriving area. The minimum divisible space is 1,600 square feet, providing flexibility for businesses of varying sizes. This is a rare opportunity to secure a space in a newly constructed, high-traffic retail center in a rapidly developing part of Mobile County. Contact us today to learn more about leasing opportunities and secure your ideal space within Jag Plaza.

• CAP approach

  CAP return

  Valuation

  6%

  $2,517,006

  6.5%

  $2,323,390

  7%

  $2,157,433

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,513,413

  Geo Method

  $1,410,426

• Alternative Use

  Use

  Valuation

  Residential

  $2,323,390

  Hospitality

  $2,128,212

  Educational

  $1,770,648

  Medical

  $1,831,543

  Retail

  $2,754,341

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6887

Longitude

-88.1764

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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