1065 Schillinger RdMobile, AL 36608

Property Details for 1065 Schillinger Rd

Year built

2009

Lot size

2.08 AC

Property size (Sq ft)

9,983 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

28 09 30 3 000 002.001

APU

2809303000002001

Description

This exceptional 2,800-square-foot retail space is located on a high-visibility section of Schillinger Road in West Mobile, boasting 175 feet of frontage. Built in 2008, this single-story building sits on a one-acre lot and offers ample parking with 50 spaces. Currently vacant, the property presents a unique opportunity for a single tenant to establish a presence in a thriving retail corridor. The area is experiencing significant growth, with nearby big-box retailers and a strong regional market presence. Its strategic location provides convenient access to Providence Hospital and Mobile Regional Airport, enhancing visibility and attracting a diverse customer base. The property benefits from a traffic signal at the intersection of Schillinger and Hitt Roads, ensuring high traffic exposure. Daily traffic counts on Schillinger Road reach 32,962 vehicles. The property is zoned B-3 (pending), and its APN is 2809303000002001. Existing tenants in the immediate vicinity include Air Force Reserve, Armed Forces Career Center, Papa John's Pizza, and Aroma Nails, indicating a strong and diverse commercial environment. This property is ideal for a business seeking high visibility and a strategic location within a rapidly developing retail area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,963,068

  6.5%

  $1,812,062

  7%

  $1,682,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,180,344

  Geo Method

  $1,100,022

• Alternative Use

  Use

  Valuation

  Residential

  $1,812,062

  Hospitality

  $1,659,840

  Educational

  $1,380,967

  Medical

  $1,428,460

  Retail

  $2,148,171

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6676

Longitude

-88.2248

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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