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    5826 Highway 90 Theodore, AL 36582

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $775,000

    High-traffic corner lot, 2,701 SF bank building.

    Property size:
    2,701 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    333
    This exceptional 2,701 square foot former bank building presents a unique investment opportunity in Theodore, Alabama. Located on the corner of US-90 and Theodore Dawes Road, this property boasts a combined daily traffic count exceeding 26,000 vehicles, ensuring high visibility and accessibility for any business. The building sits on a 0.69-acre lot and is zoned B-3 (Community Business), offering a wide range of potential uses. The property features six units, providing flexibility for various configurations. While a pipeline easement exists, its impact on potential development should be independently assessed. The Mobile County PIN number is 2004217. This property is priced at $775,000 and represents a strong potential for return on investment given its location and size. Serious inquiries are encouraged to explore the possibilities of this versatile commercial space. Further due diligence is recommended to fully understand the property's potential and any associated limitations.

    Property Features for 5826 Highway 90

    General Information

    Property type
    Other retail properties
    Square Feet
    2,701 SF
    Price / Square Foot
    $286
    Elevators
    N/A
    Lot Size
    30,013 SF

    Building Details

    Year Built/Renovated
    1972/1983
    Buildings
    1
    Stories
    1
    Units
    6

    HighLights

    • Prime 2,701 sq ft building in Theodore, AL, ideal for redevelopment.
    • High‑traffic location on US‑90 & Theodore Dawes Rd (26,000+ vehicles daily).
    • 0.69‑acre lot zoned B‑3 (Community Business) with existing pipeline easement.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Theodore
    State
    Alabama
    Longitude
    -88.086653
    Latitude
    30.665733

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    FAQs

    What type of property is this?
    Other retail property - High-traffic corner lot, 2,701 SF bank building.
    Where is this other retail property located?
    The property is located at 5826 Highway 90 Theodore, AL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Prime 2,701 sq ft building in Theodore, AL, ideal for redevelopment.; High-traffic location on US-90 & Theodore Dawes Rd (26,000+ vehicles daily).; 0.69-acre lot zoned B-3 (Community Business) with existing pipeline easement.
    (850) 564-0120
    Request Owner's contact information
    5826 Highway 90 Theodore, AL 36582
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    Theodore, AL 36582
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5826 Highway 90 Theodore, AL 36582
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