Building Details

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Listing Agency: p***@saltercompany.com Show Phone

Listed By: Paul Show Phone

Added: Feb 11, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 60,123 square foot retail center is located in Mobile, Alabama, near the intersection of Overlook Road and Moffett Road, with access to University Boulevard. Situated on a 6.87-acre lot, the property offers redevelopment potential. The center consists of three buildings. Currently, a Dollar Tree and a barber shop operate under a short-term lease. A significant portion of the space is vacant, offering flexibility for future tenants or redevelopment projects. The property's size and location lend themselves to various uses, including grocery or general retail, multifamily housing, self-storage facilities, or light industrial applications. The property is also available for lease.

Property Analytics

Current Use

Royal Walk-in Tubs ... Kitchen & Bath Showroom Da Nu Car ... Car Wash higi Physician Dollar Tree Discount Store

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Hair Salon Auto Parts Store Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 36618, AL

17,425

Population

7,313

Households

2.4

Avg Household Size

39

Median Age

29%

College-Educated

92%

High-School Grad

15.9 sq mi

ZIP Area

1,096

Density / Sq Mi

$59,075

Median Household Income

$35,037

Median Earnings

$1,102

Median Rent

$155,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - 60,123 SF Retail Center For Sale

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.