152 Schillinger RdMobile, AL 36608

  • Other commercial real estate
  • 1,392 SF
For Sale
$225,000 View listing

Property Details for 152 Schillinger Rd

Construction
FRAME
Lot size
0.45 AC
Property size (Sq ft)
1,392 SF
Property type
Other commercial real estate
APN
28 04 18 3 003 096.XXX
APU
2804183003096XXX

Description

This exceptional 0.45-acre commercial lot, located at 152 Schillinger Rd in Mobile, Alabama (zip code 36608), presents a unique investment opportunity. Priced at $225,000 ($500,000/acre), this single-story, 1,848 square foot property sits on a signalized corner in a rapidly expanding area. The B-3 zoning permits a variety of commercial uses. The lot is already cleared and prepared for immediate development, minimizing upfront costs. An existing lease conveys with the property, generating sufficient income to cover annual property taxes, making this a low-risk, high-reward investment. The high-traffic location on Schillinger Road ensures excellent visibility and accessibility for any future business. This is an ideal opportunity for investors seeking a strong return on investment in a prime Mobile location. The property's strategic position at a signalized intersection guarantees maximum exposure to a large volume of daily traffic. This turnkey investment offers the potential for significant appreciation and rental income, making it an attractive option for both experienced and new investors. The existing lease provides immediate cash flow, mitigating risk and ensuring a stable return. Don't miss this chance to secure a prime commercial property in a thriving Mobile neighborhood.

152 Schillinger Rd, Mobile, Alabama

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6936
Longitude
-88.2251
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
$1,771
$23,380
$2,960
$26,340
-
$116,900
$14,800
$131,700

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