Freestanding Medical Office on
For Sale
$899,900
1605 Hillcrest Road, Mobile, AL 36695
COMMERCIAL - Mobile, AL
Property Size5,409 SF
Lot Size0.83 Acres
Price / SF$166.37
Days on Market199
Property Features for 1605 Hillcrest Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Parking
45
Parking features
Parking Lot
Window features
Window Treatments
Interior features
High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
Accessibility
Accessible Approach with Ramp
Lot features
Corner Lot, Free Standing, Level
Standard status
Active
APN
2808332000003002
Size
5,409 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Annual Amount
10385
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1997
Floors in Building
2
Flooring type
Carpet
Building materials
Brick, Brick 4 Sides
Listing Agency:
Bellator Real Estate LLC Mobile
(251) 343-7777
Listed By:
Michele Finney
(251) 769-2888
Added: Jan 17
Changed: Aug 4
Last Checked: Aug 4 at 7:06PM
MLS# 7704967
Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding, fully brick medical office is located on a corner lot at 1605 Hillcrest Road in West Mobile. The property offers approximately 167 feet of frontage on Hillcrest Road, providing visibility along a high-traffic corridor with approximately 25,000-29,000 vehicles per day. The site includes freestanding signage, a newer roof, and a full median cut allowing convenient northbound and southbound access. The interior is designed for orthodontic and dental use and includes multiple exam and treatment rooms, reception and waiting areas, physicians' offices, imaging and X-ray room, dedicated lab and sterilization areas, records and storage rooms, conference and staff spaces, break room, and ADA-compliant restrooms. Exterior features include a covered patient drop-off and loading entrance, ADA-accessible entry and parking, and approximately 45 on-site parking spaces. The building is of brick construction. The layout allows for immediate occupancy or customization while minimizing buildout time and cost. Situated just south of the Hillcrest Road and Grelot Road intersection, the property is surrounded by retail and service amenities including Publix, Starbucks, McDonald's, CVS, and Walmart Neighborhood Market. Zoned B-3 Community Business and located on an approximately 0.83-acre lot, the property is suited for orthodontic, dental, medical, or specialty healthcare users, as well as investors. The property size is 5,409 square feet.
Key Highlights
- Freestanding, fully brick medical office building on a prominent corner lot with high visibility and approximately 167 feet of frontage on Hillcrest Road.
- Purpose‑built interior designed for orthodontic and dental use, featuring multiple exam rooms and treatment areas.
- High‑traffic location on Hillcrest Road with 25,000‑29,000 vehicles per day and convenient access.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.1k | $22.20 |
| − Vacancy | −$19.8k | −$3.66 |
| EGI | $100.3k | $18.54 |
| − OpEx | −$25.1k | −$4.63 |
| NOI | $75.2k | $13.90 |
5,409 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$940.0K – $1.25M
NOI $75,200 @ 7.0% cap · market cap 8.36%
Second Best
Healthcare Medical
$1.05M
$918.1K – $1.22M
NOI $73,450 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,235 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36695, AL
51,174
Population
21,269
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$75,236
Median Household Income
$47,614
Median Earnings
$1,192
Median Rent
$234,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building on high-traffic Hillcrest Road.
Where is this medical office space located?
The property is located at 1605 Hillcrest Road Mobile, AL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Freestanding, fully brick medical office building on a prominent corner lot with high visibility and approximately 167 feet of frontage on Hillcrest Road.; Purpose‑built interior designed for orthodontic and dental use, featuring multiple exam rooms and treatment areas.; High‑traffic location on Hillcrest Road with 25,000‑29,000 vehicles per day and convenient access.
