Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5301 Moffett Rd Mobile, AL 36618

    Source: https://www.saltercompany.com
    For Sale
    $2,495,000

    Prime 60,123 SF retail center on 6.87 acres. High redevelopment potential.

    Property size:
    60,123 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    306
    This exceptional 60,123 square foot retail center presents a unique investment opportunity in Mobile, Alabama. Strategically located near the intersection of Overlook Road and Moffett Road, with convenient access to University Boulevard, this property boasts high visibility and strong potential for redevelopment. The center comprises three buildings situated on a sizable 6.87-acre lot. Currently, the property features a Dollar Tree and a barber shop operating under a short-term lease. A significant portion of the space is vacant, offering considerable flexibility for future tenants or redevelopment projects. The property's size and location lend themselves to a variety of uses, including grocery or general retail, multifamily housing, self-storage facilities, or even light industrial applications. The seller is open to exploring partnerships and creative financing options with qualified buyers. The asking price is $2,495,000. This property is also available for lease. Serious inquiries only.

    Property Features for 5301 Moffett Rd

    General Information

    Property type
    Shopping centers
    Square Feet
    60,123 SF
    Price / Square Foot
    $41
    Elevators
    N/A
    Net Rentable
    60,123 SF
    Lot Size
    299,257 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime 60,123 SF retail center in Mobile, AL, near major roadways.
    • Sits on a 6.87‑acre lot with redevelopment potential.
    • Features existing tenants including Dollar Tree and a barber shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Royal Walk-in Tubs ... Bathroom Supply Store Da Nu Car ... Car Wash higi Health Consultant Dollar Tree Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm 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

    City
    Mobile
    State
    Alabama

    Nearby Similar for Sale

    • $214,900
      0.15 Acres

      Historic Cottage with Mixed-Use Zoning

      Historic 3-bedroom cottage in Mobile with mixed-use zoning.
      456 Broad St S, Mobile, AL 36603
      View Details
    • $2,100,000
      1.48 Acres

      Church/Sports Facility Near USA Campus

      Church or sports-related business opportunity near the University of South Alabama.
      06819 Old Shell Rd, Mobile, AL 36608
      View Details
    • $388,600
      0.13 Acres

      Downtown Mobile Mixed-Use Property

      Office or residential property in walkable downtown Mobile, Alabama.
      605 St Francis St, Mobile, AL 36602
      View Details
    • $110,000
      2,101 SF

      Duplex with Detached Living Spaces

      Investment opportunity: duplex featuring a main house and studio apartment.
      1404 Tampa Dr, Mobile, AL 36605
      View Details
    • $204,000
      0.29 Acres

      Income-Generating Triplex in Eight Mile

      Triplex with long-term tenants, immediate cash flow, and investment potential.
      4572 Myers Rd, Mobile, AL 36613
      View Details
    • $549,000
      1.02 Acres

      Remodeled Medical Office on Large Lot

      Move-in ready medical office in a prime commercial location.
      1962 Spring Hill Ave, Mobile, AL 36607
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime 60,123 SF retail center on 6.87 acres. High redevelopment potential.
    Where is this shopping center located?
    The property is located at 5301 Moffett Rd Mobile, AL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: Prime 60,123 SF retail center in Mobile, AL, near major roadways.; Sits on a 6.87-acre lot with redevelopment potential.; Features existing tenants including Dollar Tree and a barber shop.
    (850) 564-0120
    Request Owner's contact information
    5301 Moffett Rd Mobile, AL 36618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5301 Moffett Rd
    Mobile, AL 36618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5301 Moffett Rd Mobile, AL 36618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.