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    5456 Old Shell Rd Mobile, AL 36608

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $495,000

    Restaurant/Retail Opportunity near USA

    Property size:
    2,989 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    330
    This exceptional 1,752 square foot commercial property, situated on a 0.58-acre lot at 5456 Old Shell Road in Mobile, Alabama (zip code 36608), presents a unique investment opportunity. Previously a barbeque restaurant, this versatile space offers significant potential for a variety of uses, including continued operation as a restaurant or redevelopment for other retail purposes. The building's total size is 2,989 square feet, encompassing eight units. The property benefits from a high-traffic location on Old Shell Road, experiencing over 15,550 vehicles daily, ensuring excellent visibility and accessibility. Its proximity to the University of South Alabama makes it an attractive location for businesses catering to students and the surrounding community. The asking price is $495,000. This property is ideal for an entrepreneur seeking a well-positioned space with redevelopment potential or an established business looking to expand its reach in a vibrant area. The property's location near the University of South Alabama offers a strong customer base and significant growth potential. Serious inquiries are encouraged to explore this promising commercial real estate investment. The property is offered as-is.

    Property Features for 5456 Old Shell Rd

    General Information

    Property type
    Other retail properties
    Square Feet
    2,989 SF
    Price / Square Foot
    $165
    Elevators
    N/A
    Net Rentable
    1,752 SF
    Lot Size
    25,344 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1
    Units
    8

    HighLights

    • Prime Mobile, AL location near University of South Alabama, experiencing high daily traffic.
    • 1,752 square foot building on a 0.58‑acre lot, offering redevelopment potential.
    • Former restaurant; adaptable for various commercial uses, including restaurants.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.168898
    Latitude
    30.690168

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    FAQs

    What type of property is this?
    Other retail property - Restaurant/Retail Opportunity near USA
    Where is this other retail property located?
    The property is located at 5456 Old Shell Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Prime Mobile, AL location near University of South Alabama, experiencing high daily traffic.; 1,752 square foot building on a 0.58-acre lot, offering redevelopment potential.; Former restaurant; adaptable for various commercial uses, including restaurants.
    (850) 564-0120
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    5456 Old Shell Rd Mobile, AL 36608
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    Mobile, AL 36608
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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
    5456 Old Shell Rd Mobile, AL 36608
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