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    10 N University Blvd Mobile, AL 36608

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $125,000

    High-traffic location, 0.58 acres, $125,000 annually.

    Lot size:
    25,264 SF

    Description

    Added:
    Feb 28, 2025
    Days on Market:
    312
    This exceptional 0.58-acre commercial land parcel, situated at 10 N University Blvd in Mobile, Alabama, 36608, presents a unique investment opportunity. Boasting a highly visible location with excellent accessibility, this property is perfectly positioned to capitalize on significant foot and vehicle traffic. The expansive 25,264 square foot lot offers considerable potential for a diverse range of commercial ventures. The annual lease rate is $125,000. This prime location ensures high visibility and easy access for customers and employees alike, making it an ideal choice for businesses seeking a strong presence in a bustling area of Mobile. The property's strategic placement within Mobile County offers convenient access to major transportation routes and a thriving local economy. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this chance to establish your business in a high-demand area. Contact us for further details and to schedule a viewing.

    Property Features for 10 N University Blvd

    General Information

    Property type
    Other land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,264 SF
    USF (Usable sq. ft)
    25,264 SF
    Elevators
    N/A
    Total Rate
    125000

    HighLights

    • 0.58‑acre commercial land available for lease in Mobile, Alabama.
    • High‑traffic location on N University Blvd offers excellent visibility.
    • Annual lease rate is $125,000; ideal for various commercial ventures.
    Location Intelligence

    Current Use by Public Records

    Circle K Convenience Store ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.173286
    Latitude
    30.69012

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    FAQs

    What type of property is this?
    Land - High-traffic location, 0.58 acres, $125,000 annually.
    Where is this land located?
    The property is located at 10 N University Blvd Mobile, AL.
    What are key features of this property?
    This property features: 0.58-acre commercial land available for lease in Mobile, Alabama.; High-traffic location on N University Blvd offers excellent visibility.; Annual lease rate is $125,000; ideal for various commercial ventures.
    (251) 476-6000
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    10 N University Blvd 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
    10 N University Blvd Mobile, AL 36608
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