Retail Space with Walk-In
For Sale
$90,000
10625 Lott Road, Chunchula, AL 36521
Commercial Sale, Chunchula, AL
Property Size1,680 SF
Lot Size0.41 Acres
Price / SF$53.57
Days on Market488
Property Features for 10625 Lott Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
non
Parking
20
Parking features
Parking Lot
Window features
Aluminum Frames
Interior features
Reception Area, Restrooms
Lot features
Level
Standard status
Active
APN
1408370000036001
Size
1,680 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Annual Amount
805
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
Outside storage room
Dumpster pad
Concrete washout basin
2 guest bathrooms
Walk-in cooler
Gas cooktop and grill/griddle
Range hood
Grease trap
Septic system
Parking lot
Building Details
Year built
1989
Floors in Building
1
Building materials
Block, Cedar
Roof type
Metal
Listing Agency:
Keller Williams Mobile · Keller Williams Realty
(251) 662-5660
Listed By:
Heather Hoven
(251) 463-2442
Added: Jun 19, 2025
Changed: Sep 30
Last Checked: Oct 19 at 2:06AM
MLS# 7599851
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,680-square-foot retail property occupies 0.409 acres and was built in 1989. The block-and-cedar building includes a reception area, two guest bathrooms, an exterior storage room, and a metal roof. A 22' walk-in cooler with 8 doors is in place, along with a gas cooktop, grill/griddle components, range hood, grease trap, and concrete washout basin. Furniture and equipment convey with the sale.
The property has a parking lot, public water, and a septic tank. Central air, central heating, and ceiling fans are installed. The building has previously operated as a gas station, grocery store, and restaurant, and is offered as-is.
The property has a parking lot, public water, and a septic tank. Central air, central heating, and ceiling fans are installed. The building has previously operated as a gas station, grocery store, and restaurant, and is offered as-is.
Key Highlights
- 1,680 SF building on a 0.409‑acre lot
- 22' walk‑in cooler with 8 doors
- Gas cooktop, grill/griddle components, and range hood included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,891
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,820
$157.8K
Cap Rate 7%
$112,729
$112.7K
Cap Rate 9%
$87,678
$87.7K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$12.1K $7.20/SF
− Vacancy
−$823 −$0.49/SF
EGI
$11.3K $6.71/SF
− OpEx
−$3.4K −$2.01/SF
NOI
$7.9K $4.70/SF
Area
Mobile County, AL
Vacancy
6.80%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,820
Cap Rate 7%
$112,729
Cap Rate 9%
$87,678
Alternative Uses
Best Use
Retail
$317.7K
$278.0K – $370.6K
NOI $22,237 @ 7.0% cap · market cap 24.71%
Second Best
Specialty Retail
$252.5K
$220.9K – $294.5K
NOI $17,672 @ 7.0% cap · market cap 19.64%
Theoretical Best
Office A
$413.9K
$362.2K – $482.9K
NOI $28,975 @ 7.0% cap · market cap 32.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Piggly Wiggly
Groceries
6,584 visits/mo
0.2 miles
Demographics for 36521, AL
5,302
Population
2,392
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
84%
High-School Grad
132.2 sq mi
ZIP Area
40
Density / Sq Mi
$69,360
Median Household Income
$43,423
Median Earnings
$959
Median Rent
$168,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property includes kitchen infrastructure, restrooms, exterior storage, and on-site parking.
Where is this retail space located?
The property is located at 10625 Lott Road Chunchula, AL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 1,680 SF building on a 0.409‑acre lot; 22' walk‑in cooler with 8 doors; Gas cooktop, grill/griddle components, and range hood included
