1250 Satchel Paige DrMobile, AL 36606

For Lease
$1/SF/YR View listing
  • Sports & entertainment properties
  • 73,897 SF

Property Details for 1250 Satchel Paige Dr

Year built
1999
Construction
CONCRETE BLOCKS
Property size (Sq ft)
73,897 SF
Property type
Sports & entertainment properties
APN
R022909510012005.002
APU
R022909510012005002

Description

This exceptional retail property, located in Mobile County, Alabama, offers 40,000 square feet of commercial space across multiple tenancies. Situated on a lot ranging from 1.49 to 1.64 acres, this property boasts a General Commercial zoning designation. Its prime location at the intersection of I-65 (83,410 vehicles per day) and Government Blvd (29,200 vehicles per day) ensures high visibility and accessibility. The area benefits from a strong economy driven by tourism, manufacturing (aerospace, paper, automotive, and steel), research, and healthcare. Major employers such as Airbus, ThyssenKrupp, and Austal USA contribute significantly to the robust local economy. The presence of several universities, including the University of South Alabama (generating over $3 billion annually), further strengthens the market. Mobile's status as the second-largest city in Alabama, combined with its low cost of living and waterway access, makes it attractive to new industries. Two retail spaces are currently available within this thriving commercial center, presenting a unique investment opportunity in a dynamic and growing market. The property's strategic location and strong economic fundamentals offer significant potential for long-term growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,455,555
    Hospitality
    $10,493,227
    Educational
    $8,730,242
    Medical
    $9,030,488
    Retail
    $13,580,376
1250 Satchel Paige Dr, Mobile, Alabama

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6524
Longitude
-88.1194
CBSA code
33660
CBSA name
MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2012
$75,792
-
-
$1,558,480
-
$1,181,300
$6,611,100
$7,792,400

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].