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    118 North Craft Hwy Chickasaw, AL 36611

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    For Sale
    $875,000

    Retail building featuring occupied and vacant spaces, plus unimproved lot.

    Property size:
    25,000 SF
    Lot size:
    1.85 Acres

    Property Features for 118 North Craft Hwy

    General Information

    Size
    25,000 SF
    Lot size
    1.85 Acres

    Source: Merrill P. Thomas Co, Inc. Agent John M. Delchamps

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Vacant Space

    This property features a building consisting of two large retail spaces. One space is 10,000 square feet and currently occupied. The other space offers 15,000 square feet of vacant retail area. An unimproved lot is located on the north side of the building and is included as part of the property. The daily traffic count is 11,790.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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

    • Map
    • Local Demand
    City
    Chickasaw
    County
    Mobile
    State
    Alabama
    Longitude
    -88.073318
    Latitude
    30.761639

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    FAQs

    What type of property is this?
    Retail space - Retail building featuring occupied and vacant spaces, plus unimproved lot.
    Where is this retail space located?
    The property is located at 118 North Craft Hwy Chickasaw, AL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Two large box spaces totaling 25,000 sqft.; - 15,000 sqft vacant space available for immediate use or lease.; - Existing income from 10,000 sqft occupied space (details available upon request).
    (251) 604-0615
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    118 North Craft Hwy Chickasaw, AL 36611
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    Chickasaw, AL 36611
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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
    118 North Craft Hwy Chickasaw, AL 36611
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