Retail Car Lot with B-3
110 Schillinger Rd S Mobile, AL 36608
110 Schillinger Rd S, Mobile, AL, 36608
Contact for pricing
For Sale
Contact for pricing
Large car lot property offered for sale with B-3 zoning and frontage on heavily traveled Schillinger Road.
Property Size5,000 SF
Lot Size2.58 Acres
Price / SF$330
Days on Market112
Property Features for 110 Schillinger Rd S
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 2.58 Acres
- Property subtype
- RETAIL
Listing agency
Vallas Realty, Inc.
(251) 367-2970
Listed by
Robert H. Cook, CCIM · License #000083873
(251) 367-2970
Source
Moodyscre
Added: Apr 1 Updated: Jul 21 at 4:25PM Checked: Jul 21 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vallas Realty, Inc.
Investment Insights
Based on property information with market context.
This for-sale retail car lot includes a building and sits on approximately 2.58 acres. The property offers space suitable for vehicular display and is positioned for consideration as part of a repurposing or redevelopment plan under B-3 zoning.
The site is located on heavily traveled Schillinger Road, with approximately 31,691 vehicles per day. It is about 0.3 miles from the signalized intersection of Airport Boulevard and Schillinger Road South.
At roughly 5,000 square feet, the building is part of the overall car lot package, providing an on-site structure in addition to the outdoor lot area.
The site is located on heavily traveled Schillinger Road, with approximately 31,691 vehicles per day. It is about 0.3 miles from the signalized intersection of Airport Boulevard and Schillinger Road South.
At roughly 5,000 square feet, the building is part of the overall car lot package, providing an on-site structure in addition to the outdoor lot area.
Key Highlights
- Large car lot for sale in West Mobile along Schillinger Road (31,691 vpd).
- Frontage on heavily traveled Schillinger Road with close proximity to the Airport Boulevard & Schillinger Road South signalized intersection (~0.3 mi).
- Building sits on a combined +/- 2.58 acres.
Local Financial Insights For Retail
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 | $99.0k | $19.80 |
| − Vacancy | −$4.5k | −$0.89 |
| EGI | $94.5k | $18.91 |
| − OpEx | −$28.4k | −$5.67 |
| NOI | $66.2k | $13.24 |
5,000 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$945.5K
$827.3K – $1.10M
NOI $66,182 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,958 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ethan Hunt Automotive
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Floor & Decor — 312 Schillinger Rd S, Mobile, AL 36608
- Handyman Connection of Mobile — 207 Tanner Williams Ct suite e, Mobile, AL 36608
- Lowe's Home Improvement — 7760 Airport Blvd, Mobile, AL 36608
- At Home — 312 Schillinger Rd, Mobile, AL 36608
FAQs
What type of property is this?
Showroom - Large car lot property offered for sale with B-3 zoning and frontage on heavily traveled Schillinger Road.
Where is this showroom located?
The property is located at 110 Schillinger Rd S Mobile, AL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Large car lot for sale in West Mobile along Schillinger Road (31,691 vpd).; Frontage on heavily traveled Schillinger Road with close proximity to the Airport Boulevard & Schillinger Road South signalized intersection (~0.3 mi).; Building sits on a combined +/- 2.58 acres.
