152 Schillinger RdMobile, AL 36608

Property Details for 152 Schillinger Rd

Construction

FRAME

Lot size

0.45 AC

Property size (Sq ft)

1,392 SF

Property type

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.

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

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