725 Schillinger RdMobile, AL 36695

Property Details for 725 Schillinger Rd

Year built

2000

Lot size

1.37 AC

Property size (Sq ft)

7,241 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

28 09 30 2 000 001.010

APU

2809302000001010

Description

This exceptional 6,700-square-foot free-standing restaurant building presents a unique opportunity in Mobile, Alabama. Situated on a 1.36-acre lot at 725 Schillinger Rd S, this single-tenant property boasts 95 parking spaces and benefits from its strategic location as an outparcel to Home Depot, directly across from Target. The property enjoys exceptional visibility and accessibility on heavily trafficked Schillinger Road South, approximately 0.5 miles south of Airport Boulevard, which sees an estimated 40,000 vehicles per day. The building is a one-story structure offering ample space for a variety of restaurant concepts. Its proximity to a robust retail environment, including Walmart Supercenter, Target, Rouses Market, Ross Dress for Less, Hobby Lobby, Home Depot, and Lowe's, ensures high foot traffic and strong consumer demographics. This is a turnkey opportunity for a restaurant operator seeking a prime location with excellent visibility and ample parking in a thriving retail corridor. The property is located in Mobile County, Alabama, with a zip code of 36695, and is easily accessible from Schillinger Road and Old Government Street. The building is currently vacant, providing immediate occupancy for a new tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,687,984

  6.5%

  $1,558,139

  7%

  $1,446,844

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,391,922

  Geo Method

  $1,297,202

• Alternative Use

  Use

  Valuation

  Residential

  $1,314,349

  Hospitality

  $1,203,936

  Educational

  $1,001,661

  Medical

  $1,036,110

  Retail

  $1,558,139

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6755

Longitude

-88.2249

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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