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    1956 S University Blvd Mobile, AL 36609

    Source: https://www.saltercompany.com
    For Lease
    $15 SF/Yr ($1,500 /Mo)

    High-traffic retail space, ideal for various uses.

    Lot size:
    1,200 SF

    Description

    Added:
    Mar 10, 2025
    Days on Market:
    280
    This 1,200 square foot retail space is located in the University Oaks shopping center at 1956 S University Blvd, Suite 5212-D, Mobile, Alabama 36609. The property is situated on a prominent corner lot at the intersection of University Boulevard and Cottage Hill Road, ensuring high visibility and accessibility. Previously occupied by a bakery, this space offers a versatile layout suitable for a variety of retail businesses. The lease is a NNN (Net, Net, Net) lease with an annual rate of $15 per square foot. The center is anchored by a Walmart Neighborhood Grocery, providing significant foot traffic and drawing customers to the area. This location benefits from its proximity to a major university and residential areas, creating a strong potential customer base. The space is ready for immediate occupancy and presents a fantastic opportunity for businesses seeking a well-located retail presence in a thriving Mobile community. The property is 1200 usable square feet. Serious inquiries only.

    Property Features for 1956 S University Blvd

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,200 SF
    USF (Usable sq. ft)
    1,200 SF
    Elevators
    N/A
    Total Rate
    1500

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1,200 sq ft retail space available for lease in Mobile, Alabama.
    • Located in a Walmart‑anchored center for high visibility.
    • Previously a bakery; ideal for various retail uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banyan Electric Electrician E WING HOUSE Chicken Wings Restaurant Ming's Wireless - iPhone ... Phone Repair Service Katrina's Grooming Salon Pet Groomer We Buy Houses ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -87.885311
    Latitude
    30.511809

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    FAQs

    What type of property is this?
    Other retail property - High-traffic retail space, ideal for various uses.
    Where is this other retail property located?
    The property is located at 1956 S University Blvd Mobile, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,200 sq ft retail space available for lease in Mobile, Alabama.; Located in a Walmart-anchored center for high visibility.; Previously a bakery; ideal for various retail uses.
    (251) 471-1000
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    1956 S University Blvd Mobile, AL 36609
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    Mobile, AL 36609
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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
    1956 S University Blvd Mobile, AL 36609
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