312 Schillinger RdMobile, AL 36608

  • Retail properties
  • 5,831 SF
For Lease
$11.11/SF/YR View listing

Property Details for 312 Schillinger Rd

Year built
2014
Property size (Sq ft)
5,831 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
27 06 24 0 000 004.013
APU
2706240000004013

Description

This exceptional 4,500 square foot commercial land parcel presents a prime retail or quick-service restaurant (QSR) opportunity. Located in Mobile County, Alabama, at 312 Schillinger Rd S, zip code 36608, this B-3 zoned property (APN 2706240000004005) boasts unparalleled visibility and accessibility. Situated as an outparcel of the bustling Ambassador Plaza, anchored by At Home and the soon-to-open Floor & Decor, this site benefits from exceptional daily traffic counts. Schillinger Road sees over 34,000 vehicles per day, while the combined traffic at the Airport Blvd and Schillinger Rd intersection exceeds 65,000 vehicles daily. The property offers superb visibility from a lighted intersection, ensuring high exposure for your business. The entire 4,500 square feet is currently vacant and ready for immediate development. This is an ideal location for businesses seeking high traffic volume and strong visibility in a rapidly growing area. The single-tenancy nature of the land provides flexibility for development and customization. Don't miss this chance to establish your business in a thriving Mobile County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,359,292
    6.5%
    $1,254,732
    7%
    $1,165,108
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,120,880
    Geo Method
    $1,044,605
  • Alternative Use

    Use
    Valuation
    Residential
    $1,058,413
    Hospitality
    $969,501
    Educational
    $806,613
    Medical
    $834,354
    Retail
    $1,254,732
312 Schillinger Rd, Mobile, Alabama

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6836
Longitude
-88.226
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
2023
$11,483
-
$162,520
$162,520
-
-
$812,600
$812,600

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